Income-Generating Airbnb, Smallholding Near University of Mpumalanga

R10,575,000

Nelspruit Rural, Nelspruit, Mpumalanga

Small Holding for sale in Nelspruit Rural, Nelspruit, 24000 m²

Nelspruit Rural, Nelspruit, Mpumalanga

R10,575,000

Ref:1561019
7Bed
5Bath
24000
Type: Small Holding

Description

Well-located on the road to the University of Mpumalanga, this 2.4ha smallholding offers a combination of comfortable private living and established rental income streams.
The property is currently operated as a rental and Airbnb setup, with strong potential for conversion into student accommodation due to its proximity to the university and flexible layout of the units.

          Property Overview
• Size: 2.4 hectares
• Location: Near University of Mpumalanga
• Water Rights: 2.4ha (Friedenheim Irrigation Board)
• Rates: R386

          Main Residence
• 3 Bedrooms
• 2 Bathrooms
• Spacious kitchen
• Open-plan living areas
• Garage and covered parking
• Private swimming pool
• Entertainment stoep with built-in braai
The main house is positioned separately, offering privacy from the rental units.

          Income-Producing Units
Chalet / Flat:
• 2 Bedrooms
• 1 Bathroom
• Kitchen and lounge
• Private braai area
• Pre-paid electricity
• Rental: R9,000 per month

          Rental House 1 & 2 (Identical Units):
• 2 Bedrooms
• 1 Bathroom
• Kitchen with open-plan lounge and dining area
• Pre-paid electricity
• Water included
• Rental: R7,500 per month each

          Airbnb Units (2 Units):
• 1 Bedroom
• En-suite bathroom
• Outside kitchenette
• Access to shared swimming pool
These units offer flexibility for short-term letting or conversion to long-term rentals.

          Income Summary (Approximate)
• Chalet: R9,000
• Rental Houses: R15,000 (combined)
• Fixed monthly income: ±R24,000
• Airbnb income: Additional (variable)

          Land & Lifestyle Features
• Dam fed from irrigation channel
• Established garden with canal water supply
• ±1.1ha arable/ grazing land (mango trees)

          Utilities & Infrastructure
• 3-Phase Eskom electricity
• Solar system:
• 18 x 545W panels (±9.81 kW)
• 12 kW SunSynk hybrid inverter
• ±19.84 kWh battery capacity
• Borehole with pump and 5000L tank
• Additional water supply from dam and canal system
• Water purification system (non-drinking use)

          Security
• Electric fence (operational, no COC)
• Alarm system

          Additional Information
• Furniture included in chalet and Airbnb units
• Furniture excluded from main house and rental houses

          Reason for Sale
Seller is retiring.

Properties with this combination don’t stay on the market long, book your viewing today.

The Property Practitioner, Pierre Kotze is duly registered with the PPRA – Registration Number 1205969 and holds an active/valid Fidelity Fund Certificate - Number 202635002700000 and is Independently Contracted to eXp Realty South Africa PTY LTD Reg No 2020/480535/07. The Property Practitioner, Bernardine Kotze is duly registered with the PPRA – Registration Number 1182218 and holds an active/valid Fidelity Fund Certificate - Number 202635019240000 and is Independently Contracted to eXp Realty South Africa PTY LTD Reg No 2020/480535/07
eXp Realty South Africa PTY LTD Reg No 2020/480535/07 is registered with the PPRA with registration number F148656 and operates with an active/valid FFC number 202401016400246.
eXp Realty South Africa PTY LTD operates a trust account.

Location

Nelspruit Rural, Nelspruit, Mpumalanga

Data

Object TypeSmall Holding
Purchase PriceR10,575,000
Living Space24000 m²
Plot Size24000 m²
Bathrooms5
Construction YearN/A
ConditionNot specified
Rooms14

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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