Great Business Opportunity, Once in a lifetime investment!

R 19,499,000

Can I afford this?
5 months ago105 views
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General Details
For Sale By:Agency
Description
It is composed of one big four-bedroom family home, four spacious flatlets, staff quarters, multiple offices, conference facilities, and a fully equipped wedding venue with catering facilities (present business rental income), all on a well-looked-after and well-maintained plot. The property is secured by a game fence and includes views of the Magaliesberg mountains on the northern border. The infrastructure is of top quality and includes two swimming pools, two jacuzzies, an indoor braai and pizza oven facilities. It is a real entertainer's dream, with lots of business opportunities. The main house also has a bar and patio, a gourmet kitchen and dining area, a swimming pool, a jacuzzi, and stunning mountain views .Within a short walk from the main house are four luxurious flatlets, each with spacious bedrooms, living areas, and bathrooms fit for royalty. Communal pool with wide green areas and beautiful views.
• A fully fenced plot with electric fencing. • The MTN tower also gives a monthly income, and the property has a fully supportive generator and five boreholes. • An administration office block with fully equipped offices and two big conference rooms. • A staff compound area set well away from the main house, which includes a workshop, rooms, accommodation for up to 8 staff, and a communal kitchen. • There is also a tennis court. • A fully automated water reticulation system supplies all irrigation and accommodation. • Five bore holes and beautiful grass terraces
Business opportunities include: business rights; hotel and motel rights; retirement Retirement Village as a new private hospital is coming up across from this property; and next to it is a newly constructed multi million-dollar church complex. Walking distance from this plot is a well-known shopping complex. The sky is the limit for any investor.

Property Reference #: 1227036

Agent Details:
Estienne Fourie
Rawson Properties Faerie Glen / Waterkloof
Cnr Atterbury road and Manitoba street, Faerieglen, Shop LL04 Atterbury Boulevard, Pretoria, Faeri
Olympus and Solomon Mahlangu Drive
Faerie Glen, Gauteng

Id Subtitle 1245689170
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Estimated monthly repaymentR 211,313
Total property loan amountR 19,499,000
Total interestR 31,215,890
Total repaymentR 50,714,890
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Rawson Properties Faerie Glen / Waterkloof
Selling for 3+ years
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