- 3
- 2
- 1 500 m2
- 40 469 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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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
| Bedrooms | 3 |
| Bathrooms | 2 |
| Floor Area | 1 500 m2 |
| Erf Size | 40 469 m2 |
Contact the Agent
Jutta Dudley
Full Status Property Practitioner