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Unique Investment Opportunity in the Heart of De Rust

R 3,885,000

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6 months ago224 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Size (sqm):4242
Parking:Garage
Description
EXCLUSIVE SOLE MANDATE:

Begin an exhilarating investment journey with these dual properties (SOLD VOETSTOOTS AS A COMBINED OPPORTUNITY), boasting a collective total Under Roof area of around 600 sqm and situated on a combined 4242 sqm stand in the highly sought-after town of De Rust.

Priced at R3.885 million, this property offers a compelling prospect for both entrepreneurs and developers. The property has versatile uses, featuring a shop on the main street, a house with additional buildings, and vacant land for potential future development. Discussions can be arranged with the owner to explore the option of converting the property into a Sectional Development, supported by approved building plans from Heritage Western Cape.

This iconic property is now on the market, providing a profitable opportunity for astute investors. Situated in the heart of De Rust's CBD, it guarantees high foot traffic and visibility, making it a desirable destination for locals and tourists alike.

These two heritage properties in De Rust present an outstanding investment opportunity, offering multiple rooms available for lease. Ideal for entrepreneurs and investors looking to capitalize on the growing local market, this property provides a versatile space for various business ventures.

De Rust, a town in the Western Cape province of South Africa, is renowned for its historical significance in the Ostrich industry and more recently for producing the best Olive Oil in the World. Nestled at the Southern end of Meirings Poort, at the base of the Swartberg Mountains, De Rust has become increasingly popular among tourists and Sporting Events for its tranquillity, scenic landscapes, and stargazing opportunities.

The nearby areas of Prince Albert, Baviaans, and Oudtshoorn, with George airport just an hour's drive away, offer a range of outdoor activities such as hiking, mountain biking, and horseback riding. With its breathtaking scenery and rich cultural heritage, De Rust and its surroundings are sought-after destinations for nature enthusiasts.

Property Reference #: 1233774

Agent Details:
Ann Meiring
Rawson Properties Oudtshoorn Sales
200, Langenhoven Street, Oudtshoorn, Oudtshoorn North, Western Cape

Id Subtitle 1269124522
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Estimated monthly repaymentR 42,103
Total property loan amountR 3,885,000
Total interestR 6,219,485
Total repaymentR 10,104,485
Interest rate at 11.75% for 20 years *
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Rawson Properties Oudtshoorn Sales
Selling for 4+ years
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