Business For SALE - Malamulele

R 8,600,000

Can I afford this?
10 months ago61 views
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For Sale

If you are looking for a opportunity in the Retail Industry with passion for sustainability and community then this could be the lucrative opportunity you are looking for.

Trading for over 5 years and still growing business.
The market leader in the region.
This is a incredible opportunity for someone with a passion for the Retail Industry to take over well establish business.
With a loyal customer base and an excellent reputation this business has great potential for growth and expansion.

Easy to run. Good Management. Excluding Stock. Rental Agreement in Place.
Petrol and Diesel generator.

ALL FINANCIAL FIGURES AVAILABLE AFTER SIGNING OF NON-DISCLOSURE.

Building not for Sale!!

!!!!!!!!Photos for Illustration purposes only !!!!!!!!


Malamulele can refer to the town of Malamulele or the area of Malamulele. Both the town (approximately in the center of the area) and area are in the Limpopo province of South Africa and predominantly occupied by Tsonga people. Malamulele town has one provincial road and one regional road; the R81 to Giyani and the R524 to Thohoyandou (and the Kruger National Park's Punda Maria Gate) respectively. Malamulele is flanked by two rivers, Levubu River (Rivhubye) to the west and Letaba River to the east, meanwhile the Shingwedzi River runs from Malamulele West to Malamulele East, joining the Olifants in Mozambique on its way to the Indian Ocean. Malamulele is the seat of the Collins Chabane Local Municipality.

There are between 100 and 120 villages in the Malamulele area, with an approximate population of half a million. According to official Stats SA census 2011 results, some 82 Malamulele villages (excluding the township), were home to 206,646 people. In 2001, Thulamela calculated the population according to some 16 main areas (again, excluding the township), supposedly representing the number of independent chiefs, which add up to 199,807 inhabitants.

The Malamulele Area is situated between Giyani on the east, starting at Letaba river, and Thohoyandou on the north-west, starting at Rivhubye river. To the west of Malamulele Area is Waterval, famous for the Elim Hospital. The Cahora Bassa HVDC power transmission line passes through Malamulele from Tete Province to Gauteng. The Malamulele Area formed its own municipality in August 2016, named Collins Chabane, separated from Thulamela but still under the Vhembe District Municipality.

Property Reference #: RNC414

Agent Details:
Francois du Toit
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor

Id Subtitle 1215731010
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Estimated monthly repaymentR 93,199
Total property loan amountR 8,600,000
Total interestR 13,767,714
Total repaymentR 22,367,714
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