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Business rights and Farming in Magalies Meander

R 3,200,000

Can I afford this?
3 months ago194 views
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General Details
For Sale By:Agency
Description
This historical location is the ideal setting for a wedding venue, opportunity to develop a Hotel, Lifestyle destination, Private estate or Country Style Mall.

14.5 hectares vacant land and the remaining 4.8 hectares (separated by servitude road) is where all the buildings, shops, houses and cottages are located with approximately 3000sqm under roof.


There are 8 shops and a sports bar with restaurant which is located in the old stables.

An assortment of houses, cottages and flatlets:

MAIN HOUSE 354sqm
3 Bed/3bath/kitchen/scullery/pantry
Lounge/ 2 office/2 geyser/fireplace in ea room
Alarm system – all other houses panic buttons with Security Co

2nd HOUSE 250sqm
3bed/1 full bath/1toilet-basin/geyser
Kitchen/pantry/office/dining/lounge
2 fireplaces/ prepaid meter

FLATLET 1 - 140sqm
D/storey /3 bed/full bath/geyser
Kitchen/Lounge/ prepaid meter

COTTAGE 1 - 75sqm
1 bed/1 full bath/geyser
Lounge/kitchen/prepaid meter

COTTAGE 2 - 112sqm
Open-lounge,dining,kitchen/fireplace
1 bed/1full bath/geyser/prepaid meter

COTTAGE 3 - 95sqm
Open-lounge,dining,kitchen/fireplace
1 bed/full bath/geyser/prepaid meter

FLATLET 2 - 50sqm
D/storey- prepaid 3-phase meter

COTTAGE 4 - 90sqm
Open-lounge,dining,kitchen/fireplace
1 bed/full bath/geyser/prepaid meter

COTTAGE 5 - 50sqm
1 bed/ full bath/fireplace
Kitchen/geyser/prepaid meter

BLOCKHOUSE A 30sqm
2bed/full bath/fireplace
Lounge-dining/kitchen/geyser/prepaid meter

Extra buildings:
BARN-6 rooms inside 288sqm
Prepaid meter
BATHROOMS next to stoor 25sqm
PUMP ROOM – no pump – next to canal
GENERATOR ROOM – no generator
TOOL SHED All garden tools, lawn mowers, bush-cutter included
JACUZZI LAPA
DOLL HOUSE D/Storey
RONDAWEL
SHADENET 9 PARKING AREA
SLATE WALL DAM (swimming pool)

SECURITY
Security company – alarm/panic/response for all shops and houses.

Canal water fed from Maloney's eye.

Call today for a personalised viewing tour of this great property.

DISCLAIMER
All descriptions advertised digitally or printed in regards to this property are the opinions of Grounded and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusion and decisions. Although every effort is made to ensure measurements and information are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating or cooling systems have not been tested by Grounded and no warranty can be given or implied as to their working order.

Has Pool
Property Reference #: ORL19540

Agent Details:
Elize Nel
Only Realty
Investment Place
110 10th Road
Hyde Park
Sandton

Id Subtitle 1283018837
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Estimated monthly repaymentR 34,679
Total property loan amountR 3,200,000
Total interestR 5,122,871
Total repaymentR 8,322,871
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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Selling for 3+ months
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