Farm,3 Houses,Livestock,Tropical Fruit and Trees - Initao - Misamis Oriental
This farm a 1.4 hectare titled property 50 kilometers from Cagayan de Oro City, 36 km from Iligan City, and only a 2 km. distance from the main National Highway. The Farm has its own water source supplied via electric pump with an additional supply coming from a large rain water FED tank. Farm is fully fenced with the entrance protected with an attractive,large,wide,red steelgate.
There are three (3) houses on the farm:
(1)Main (Masterís) House is a two storey,7 bedroom home with two (2) bathrooms. It has a two (2) car garage capacity & a Sun terrace on the 2nd Floor.
(2)2nd House is a bungalow type and has 3 bedrooms and main room with kitchen, CR and a shower Room.
(3)3rd House is a bungalow type with two (2) large bedrooms plus main room with kitchen,CR and a Shower Room.
Fronting the masterís House is a beautifully landscaped Garden covered with tropical flowers and trees. The Farm has a variety of Tropical fruits and trees. Planted mainly are 130 Mango trees and 110 coconut trees. Some other assorted trees also grow within the farm premises such as: Bananas, Papaya, Star Apple, Pomello and Jackfruit.Fertile ground,provides a good harvest of various crops yearly.
The Farm has an existing livestock of birds and animals,which include the following a itemized livestock living and raised in the area : chickens,ducks,pigs,goats and geese.
There also exist a fishpond,presently growing and raising
Various farm improvements such as Fish Pens,Feed Stock, Chicken and Goat House,Toilet and a large Waiting Shed.
The Farm is fully fenced,8 ft high, using concrete posts & HOG wires combined on top with barbed wire.The entrance benefits with an attractive,large,wide,red steelgate.
Some Internal Photographs of the Houses
Ph 8.6 Million Pesos (5% discount applicable for Spot Cash purchase)
"Priced at below current Appraisal Valuation"
Terms of Payment
Reservation : Ph 100,000 (good for 30 days,non-refundable,but forms part of the total contract price)
Downpayment : Ph 4.6 Million Pesos Spot Cash
Balance : The balance is payable with 12 monthly post dated checks
Title : The transfer of title will be effected after payment of final installment
Occupancy : Purchaser can occupy and utilise the property and benefit from the fruits thereof as soon as the downpayment has been made.
Note : The fruit harvest and the fish pond is sufficient to sustain the operation of the farm lot.