• 3
  • 2
  • 1 500 m2
  • 40 469 m2

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Mun. Rates & Taxes: ZAR 32186.00

Property description

This property was valued by FNB at R17 500 000. The conference Centre and Restaurant have a 5 year lease from 1 Sep 2024, which brings in an income of R200 000/ month. A fabulous country-style property, located in the heart of the busy North Riding area.

You will have: 2 fully equipped conference buildings with facilities for 8 - 300 delegates

                           3 Office spaces

                           2 Outbuildings with tenants bringing in an income of R75 000

                           40 000sqm of land with about 1500sqm under roof

                           Municipal consent conferencing business and restaurant with a license (to be renewed after
transfer) - under lease for 5 years from 1 Sep 2024

                           Garden-style coffee shop and Pizzeria

                           Dam and stream

                           Main house with 3 bedrooms, swimming pool, Entertainment room with Pool table and Anthracite heater, study, combined
lounge-dining room, bar area. All rooms have security and open to the gardens and entertainment area

                           Outside cottage with bedroom, shower room, and separate lounge/kitchenette. 

                           Large workshop, Carports, 3 garages 

                           76 solar panels

                           1 x 25 KVA Generator

                            3 boreholes and 60 000 litre water tanks with water tanks and booster pumps

                            3 pumps to drain water out of the river 

                            secure parking for 200 cars

                            Alarms, cameras, and CCTV

Property Details

  • 3 Bedrooms
  • 2 Bathrooms

Property Features

  • 76 Solar Panels
  • Water tanks and borehole
  • 3 additional buildings
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