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Old Age Home with Property
Reason for Reporting
This long-established old age home has 21 cottages and rooms varying in size from 42 m² to 570 m² and offers outstanding frail care facilities. The home is approximately 2,752 m² under roof.
The property on which the home is located measures 12,852 hectares of which the home itself occupies approximately 3.64 hectares – plenty of space to enjoy this picturesque and tranquil part of Muldersdrift, Gauteng where the aged are cared for in a loving and secure environment.
Besides the portion occupied by the old age home mentioned above, there are another:
- 7 sub-divided properties of which 6 measure 1 hectare and the 7th property measures 1.56 hectares. All these properties have a river frontage – total area = 7.56 hectares;
- Next to the home is another portion of the farm measuring 3.64 hectares which can be used for future growth/expansion.
In total all the above properties combined measure 12,84 hectares.
The seller is asking R18 million for the property, the buildings as the business is often having to be subsided by the seller.
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