Commercial and Residential Property for sale in Franschhoek.

R 27,500,000

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6 months ago415 views
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SOLE MANDATE: A rare opportunity to buy a mix use Residential and Commercial Property in Franschhoek of 6 740 square metres with a guest house statues approved.
This stunning property has a generous manicured french garden with three automated fountains and idyllic wine tram passing by, which creates a special feel being in a beautiful Franschhoek town. It is one of the favourite places for locals and tourists to bring their kids to play in a kiddies play area and have a meal enjoying tranquility and a beauty this place has to offer.There are five separate units at the property: the Garden Cafe building complex inclusive of the mezzanine level, Market building previously was a restaurant with the space for 60 seats inside and 60 seats outside in a cosy courtyard, Spa building, 4 bedrooms Residential Unit and a Laundry, all currently let with the total lettable space of approximately 1100 square metres.Each building has a separate pre-paid water and electricity meter,A 80 Kw diesel generator has been installed servicing the Market building.
The property also has its own borehole delivering 25 000 L / hour : two x 10 000 L water storage tanks act as reservoir for the garden’s automated irrigation system and there is a municipal provision for the buildings.
Zoning of the property is giving a great opportunity for the investors to develop a unique complex with the varieties of services and functions to create a dream.About about 30% of the land area is agricultural, the area around the house is zoned residential with guest house status, while the Market building and the Garden Cafe building complex all have business rights.

Rates And Taxes: 4091
Levies: 1128
Property Reference #: 144

Agent Details:
Anna Green
Anna Green Properties International
Franschhoek, Cape Town

Id Subtitle 1241301091
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Estimated monthly repaymentR 298,020
Total property loan amountR 27,500,000
Total interestR 44,024,667
Total repaymentR 71,524,667
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Anna Green Properties International
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