Iconic Garden Centre /Wedding and Conference Venue and Retail and Wholesale Nursery

R 18,000,000

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1 month ago33 views
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General Details
Location:
For Sale By:Agency
Description
Property Address:
Muldersdrift, Muldersdrift
Here is an opportunity to purchase 11.8 hectares of prime property in one of the fastest developing growth nodes on the West Rand! This highly developed property has many thriving businesses operating from within its boundaries including but not limited to the Garden Centre, Weddings, Conferences and televised Flower Shows , a large and diverse nursery, a popular Tea Garden with Kiddies Playground and Restaurant and many other ancillary lifestyle businesses including the highly popular Kids Birthday Parties . A large Manor home currently used for offices could also be easily converted to a Nursery School or a Private School.
Each year the property is visited by over 250 000 people attending the numerous functions on offer ..the July/August Floral Festival also draws extensive televised viewing on the SABC and Kyknet channels. The property is situated on the busy Beyers Naude Drive, a major arterial to the west soon to be upgraded to a four lane highway (2 lanes in either direction).
Property is 11.8 hectares in extent
Area under roof over 7000 m2
Audited financials available to qualified buyers
Parking area 3850 m2 in extent..can be extended
Could also convert to a Church or Private School
250 000 visitors annually
Televised July/August Floral Festival
Various Handicraft businesses renting areas
Business valuation available on request

Rates And Taxes: 13200
Property Reference #: 272

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1270066861
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Estimated monthly repaymentR 195,068
Total property loan amountR 18,000,000
Total interestR 28,816,146
Total repaymentR 46,816,146
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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