Fantastic Investment/Business Opportunity

R 3,950,000

Can I afford this?
1 year ago132 views
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General Details
For Sale By:Agency
Description
This 8,3856ha farm is situated 16km from the Waterfall Mall and is the perfect investment/business opportunity with massive income potential. The perfect location for a wedding/conference/ function venue with all necessities offered on the same premises.

The Property offers:

Main residence is a modern 4 bedroom, 2 bathroom home with a large open plan lounge, dining and kitchen area. The kitchen has a separate scullery and pantry. The wood burning fireplace in the lounge offers cosy family time indoors and the boma offers fun filled entertainment outdoors.

The second residence if the original/authentic farmhouse offering 5 bedrooms, 2 bathrooms, large kitchen with separate scullery and several living/entertainment areas. This home serves as the perfect opportunity to convert into a guesthouse.

There are also 2 bachelor flats with their own bathrooms and kitchens.

The living areas are securely surrounded by electric fences, cameras, motion beams and the 2 residence have individual alarms. The 40kva, 2amp, 44volt, diesel generator is connected to all buildings in the residence area. There are also 3 strong boreholes.
The property also offers multiple storage areas.

The open-air chapel and consortium offer for a tranquil wedding with breath taking views of the Megalies Mountains and beautifully landscaped gardens.

The large, established restaurant area includes a kitchen, bar area, private meeting room, deck overlooking the pool, stage and braai area. The restaurant is fitted with motion beams, cameras and alarm. There are also staff quarters onsite.

Has Pool
Property Reference #: RL1924026

Agent Details:
Erick Bezuidenhout
Urban Link
Office 1
Sterlitzia Park
R24
Rustenburg

Id Subtitle 1108449168
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Estimated monthly repaymentR 42,807
Total property loan amountR 3,950,000
Total interestR 6,323,543
Total repaymentR 10,273,543
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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Urban Link
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