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123,021m² Farm For Sale in Drummond

R19,000,000


Monthly Bond Repayment R199,358.64
Calculated over 20 years at 11.25% with no deposit.

Web Ref No TPR7575

HORSE OWNERS AND INVESTORS TAKE NOTE! UNIQUE OPPORTUNITY TO GROW YOUR BUSINESS.

DRUMMOND FARM located in close proximity to N3 comprising 37acres of glorious real estate with 6 registered subdivisions – to be sold as a whole. Currently run as a dedicated Equestrian Centre, there are endless opportunities for conversion to make this farm work for you. The arenas and grazing paddocks whether fibre or grass offer an amazing level platform for any future development.
The undercover fibre arena consists of a steel structure and is approximately 180m2 in length, with two sides enclosed. It is fitted with electric lights, sound system, spectator seating and Judge’s box. This facility is unique, as it offers all-weather schooling and is the epitome on an equestrian’s wish list. However, for the Investor, it also offers an amazing opportunity to convert the existing structure into a warehouse, factory, conference centre, nursery or anything else that may suit your requirements.
For the horse owners, there are 13 undercover stables in the concrete structure next to the main arena and 11 outdoor stables. The concrete stables, coffee bar, flatlet, garages, public ablutions and enormous storerooms occupy the area adjacent to the undercover arena. A superb separate three bedroomed cottage is nestled to the right-hand side and has a picturesque setting on one of the larger dams. It offers a peaceful retreat with deck overlooking the dam resplendent with
water lilies and bird life.
On the other side of the dams are the 11 outdoor stables, staff accommodation and three more cottages. These cottages comprise of two, two bedroomed conjoined cottages and a separate new two bed cottage. Current rental from the four cottages and flatlet is approximately R45000 per month. The main arena is hired out for horse shows and events and the livery yard, when in full capacity, also has a healthy return.

All in all, this farm offers a multitude of possibilities for the equestrian who wishes to move further inland from the pending long term disruption of Kassier Road and Shongweni areas. And…for the Investor, the sky is the limit.
The choice is yours.

Features

Security Yes
Flatlet 5
Garages 4
Land Size 123,021m²
Pets Allowed Yes

Agent Contact Details

Dean Ash
Tyson Properties Upper Highway Office

Cell 082 338 5442
Office (031) 7654519
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