R 750 000 | Vacant Land / Plot for Sale in Smithfield

Smithfield, Smithfield

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Erf Size: 7 505 m²

Huge vacant stand in Smithfield

Exclusive sole mandate!

This huge stand, measuring 7505m² is situated in the popular part in the picturesque town of Smithfield in the Free State Province.

The development potential is endless and a great investment. A great price for the size and potential the stand has to offer.

Additionally, 187m² thereof is currently being leased to a tenant who erected their cell tower on the stand and pay an annual rent for the use of the land. It is up to the new owner to take over the lease agreement with a rental potential of R100 000 per annum (the current owner cannot guarantee the full term period and remaining 8 years will play out to the end, to be negotiated between new owner and tenant). The property is sold as is and not with a tower or tenant.

The current owner is also selling an adjacent property with a 4 bedroom house and single garage, which may be included in the sale at an additional cost or be bought as its own entity.

Please give us a call today and start the investment into your future on this land so full of peace and potential.