- 16
- 8
- 2
- 770 m2
- 4 083 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 10954.14
Property description
Offers from R 4 800 000 will be considered.
This spacious property is well-positioned and can be subdivided into two stands.
Stand 1 - Front garden : (Approximately - 2 136 m2) Has great flow - The property was previously used as a 3 Star guesthouse with 16 rooms (Incl the 2 log cabins). The property no longer is in the same state as per the photos. Has had some wear and tear and needs attention. The rooms no longer have the furniture in the photos. This is a visual representation of what can be done.
Stand 2 - Back Garden : (Approximately - 1 960 m2) This is vacant land was used for parking . The owner has rezoned it to have 7 clusters built on it.
Currently has a cellphone tower on the stand - Generating a rental income of R 200 000 per year.
Great opportunity to turn this gem back to its former glory as a Guest house or to build a complex block for developers due to high density in the area.
Loads of value on this property!
Prequalified buyers will be given access to view the property as per the owners request.
Call to schedule a viewing.
Property Details
- 16 Bedrooms
- 8 Bathrooms
- 2 Garages
- 3 Lounges
- 4 Dining Area
Property Features
| Bedrooms | 16 |
| Bathrooms | 8 |
| Garages | 2 |
| Floor Area | 770 m2 |
| Erf Size | 4 083 m2 |
Contact the Agent
Marco De Lemos
Full Status Property Practitioner