Farm for sale in Komatipoort
Komatipoort, Komatipoort

Price ZAR89,272,500

Farm For Sale in Komatipoort, Komatipoort

Land Size: 690 hectares Floor Area: 1891m²
Farm with approved development rights facing Kruger National Park
For sale - Farm with approved development rights, facing Kruger National Park

690 Hectares
River Front 1 700 m
Seven kilometers from the N4 towards Marloth Park
Sugar cane: 72 Ha (Irrigated)
Bushveld : 606.5421Ha (Partly game fenced)

Calling investors and developers! Sole exclusive mandate.

A golden opportunity to acquire this rare find of Kruger National Park front farmland on the southern boundary of the park. Land claim exempted by court order. This property offers approved development rights. It includes a total of 690.5421 hectares. The 1 700m river front - a key area to develop - totals 7.5701 hectares. The remainder of the farmland consists of a well-established farm, 682.9720 hectares in extent. The property is situated seven kilometers from the N4 towards Marloth Park. It is ideally located on the link road to the Crocodile Gate, with a green seam of farms on both sides of the main tar road. This combination offers buyers excellent tax benefits.
The property has Escom electrical power with a three-phase connection (four points). A septic tanks serves for sewerage. Water rights from the Crocodile river for 134ha are included. The nine earth dams (six natural run-off dams and three dams fed from the river) provide ample water to service the property.

The developable land:
The developable land features a portion that is positioned along the bank of the Crocodile River (Portions 110 to 211 - development). This narrow strip of level land slopes up from the river and offers spectacular views into the Kruger National Park. The property use has been converted from agricultural to proclaimed. high-impact residential development. The stands are grouped into 11-12 horseshoe-shaped sites of eight stands per group and includes a 0.9135Ha lodge site.
The development potential enjoys an approval of township proclamation. as well as an approved EIA study for the estate. This includes sufficient water supply to all stands of the estate. The stands can be sold to private buyers who will be able to build one dwelling per stand.
Properties along the Crocodile River which are suitable for development are in high demand and difficult to obtain. The proposed development will offer 100 residential stands of sizes ranging from 500sq.m to 620sq.m. This totals 59 395sq.m. The lodge site comprises 9135sq.m with a 7171sq.m rear site for staff accommodation. The services to the developable land have already been created and will be based on a servitude. The sewerage system costs more than R 10 million, offering developers the benefit of immediate development.
The existing proposal may work exceptionally well for an upmarket, single development like a retirement complex, fractional ownership or timeshare. This can be amended if the developer has specific or different needs.

Remainder of the farmland:
The farmland features a strong agricultural infrastructure. The land usage is as follows:
Sugar cane: 72.0000Ha (Irrigated)
Bushveld : 606.5421Ha (partly game fenced)
Total : 678.5421Ha.
Buyers should regard the farm as without game – game is not included in the transaction. Grazing management has been well-maintained. The sugar cane footprint is being increased to 110 hectares. The lease is turnover-based. The lease has to be observed by purchasers for the remainder of the lease period.

Improvements on the farmland:
Main dwelling:
A single storey house featuring an entrance hall, lounge/dining room, family room, study, kitchen, pantry, five bedrooms, three bathrooms, separate toilet and two covered patios.
Outbuildings:
Double garage and laundry attached to the main house (68sq.m)
A detached, brick-under-iron butchery and stores (87sq.m)
A part double volume steel-framed shed with single storey brick stores (721sq.m)
A part double volume shed with attached single storey stores (232sq.m). Covered area (53sq.m)
Second dwelling:
A dated, six bedroomed farm house with related outbuildings (330sq.m).
Site improvements include a lapa/boma and pool.
Electric fencing and access gates surround the homesteads. Improvements are dated but in sound overall condition. Ongoing general maintenance is required. There are no structural defects. Main dwelling : 342m² Outbuildings : 155m² Patios : 48m² Sheds : 953m² Covered area : 53m² Dated farm house : 330m² Total : 1891m²

Financial information of the property, photos of the main house, and the detail of the lease agreement, game count etc, are available to willing and able buyers after signing a NDA. Access via the agency only after prior arrangements.

Sorry! There are no available floor plans for this property.
Sorry! An EPC is not available for this property.

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Ref: 2236297

Agent Details

Chris Engelbrecht
M: 0825613301
chris.e@fineandcountry.com

Fine & Country Lowveld Kruger South

Komati Square
Komatipoort
Mpumalanga
1340
South Africa

T: +27 (0)82 784 5682
E: jan.e@fineandcountry.com

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