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BUSINESS  DEVELOPMENT OPPORTUNITY - COUNTRY ESTATE - AMAZING POTENTIAL - EAST LONDON

R 22,000,000

Can I afford this?
8 months ago346 views
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General Details
For Sale By:Agency
Description

This amazing 11ha Estate is on the market for a mere R22.000.000

Currently an income generating concern and is VAT registered.

It is 22 kilometers from the CBD of Eat London, and on the East Coast going to KZN.

It already consists off a fully operational 65 seater restaurant, a wedding venue with chapel, 8 vacant plots, guest accommodation (chalets) and a development opportunity to build an estimated 60 two bedroom, two bathroom apartments in a double storey design.

There is also a beautiful owners free standing 3 bedroom dwelling .

The apartments would be very upmarket to compliment the existing layout, and ambiance of the Estate.

All the correct zoning is in place.

The security, and home owners association is fully operational .

There is an abundance, at least 6ha of common ground for leisurerly walks and the appreciation of the natural fauna and flora.

There is just too much detail to disclose, and interested parties are welcome to give me Walter a call on 0829261376 .

Operational information will only be supplied on signature of a NDA.

Viewing strictly by appointment.

A very interesting, and exciting opportunity.

People Do Business With People.

Id Subtitle 1319165884
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Estimated monthly repaymentR 223,351
Total property loan amountR 22,000,000
Total interestR 31,604,089
Total repaymentR 53,604,089
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Walter Fisher
Selling for 13+ years
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