Property ID : 14552
For Sale, Sold [SOLD] - Income Properties, Investments, Lots
Farm For Sale
****Installment available. Half down remaining on payment terms****
This farm for sale is approximately 4.7 Hectares of beautiful rolling hills just outside the Southern Negros Oriental town of Zamboanguita. It is currently operating as a going concern however there is far more profit potential than being realized. With 230 fruit bearing mango trees approximately 25 years old, a knowledgeable farmer who is ready, willing and able to get actively involved , could potential realize profits in the 2-3 million pesos per year from this one cash crop alone.
There is also a small piggery included which can be easily expanded and generate another 40-50 thousand pesos per month. “Super napier” grass is planted on about 1 hectare of land, and 7 cement ponds for Azolla production, which will cut feed costs and add to overall profitability.
A new potable water source is being installed on the property and should be operational by the end of 2018. As well and irrigation canal is under construction which will enable watering of the crops increasing potential yields.
Also included is a small facility currently being used to raise quail.
This farm could either be a hobby farmer’s paradise where the owner operator can take an active role and generate a respectable income for himself and his family, or this could be a nice asset for a larger farming company as one of multiple satellite farm operations.
Farm For Sale Details:
- Area – 47,000 Square meters
- Price – 10,900,000 Php – Installment available. Half down remaining on payment terms