Property description
Featuring a sought-after events and wedding venue complete with a charming church, 11 guest apartments, and a cozy restaurant, the property offers ample amenities. Complementing these features are three residential houses, five industrial stores, an office building, a factory, and a quaint gift shop. Some of these facilities are leased out, while others are utilized by the owner, resulting in a monthly rental income surpassing R200,000.
The property's future use will be guided by the evolving needs of the nearby airport and the expanding industries and communities in its vicinity. Situated adjacent to both the R302 and R312 roads, it offers accessibility from multiple directions. Potential land utilization includes allocating approximately 4 hectares for existing infrastructure and roads. On the southern side, around 7 hectares are primed for industrial ventures, while another 7 hectares on the northern side are ideal for residential developments, catering to various sectors such as hospitality, short-term accommodations, middle-income neighborhoods, or retirement villages. A blend of these options would be optimal. The remaining 7 hectares could serve as space for truck overnight facilities, a driving range, or even for solar power generation to enhance the property's sustainability. Lastly, 10 hectares encompass a river, wetland, and other non-developable areas, preserving the property's natural features.
Store room 1- 300 m/2
Store room 2- 150 m/2
Store room 3- 162 m/2
Store room 4- 180 m/2
House and store- 432 m/2
House- 288 m/2
Church- 60 m/2
Venue hall- 688 m/2
11x Housing units and restaurant- 424 m/2
House- 243 m/2
Office building- 75 m/2
Factory building- 555 m/2
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
