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R11,800,000

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Monthly Levy
R600 Excl. VAT
Monthly Rates
R1,800 Excl. VAT

1,280m² Building For Sale in River View

Exceptional Investment Opportunity!

Established Income-Generating Events Venue Available for Purchase!

Bonjour, esteemed investors and entrepreneurs with a taste for success and prosperity! Get ready to seize an unparalleled business opportunity as we present to you a fully operational and exquisitely appointed events venue, now available for acquisition in the prestigious River View Estate!

Envision entering a world of unparalleled sophistication and functionality, where every corner of this magnificent venue is adorned with top-tier furnishings and decor. Brace yourselves for the revelation that will redefine your investment portfolio – the remarkable price of R 11,860,000 not only secures ownership of this thriving events venue but also includes the meticulously curated furniture that contributes to its grandeur!

Yes, esteemed partners, you've read correctly! This is not just an investment; it's an entry into the realm of refined business ventures. The lavish ambiance and carefully selected furniture are now part of the package, creating an irresistible prospect for those seeking a lucrative and distinguished investment in the events industry.

Nestled within this enchanting venue are two stunning inside wedding chapels, ideal for both ceremonies and receptions, alongside various other versatile indoor spaces for hosting diverse events. Additionally, the venue boasts several outdoor areas that can be elegantly utilized for weddings or other functions. Inside, a fully-equipped kitchen awaits, complete with all necessary cutlery, kitchen equipment, as well as decor. The venue extends beyond mere event spaces to offer a comprehensive experience, featuring multiple meeting rooms and dining areas. Furthermore, beautifully decorated rooms are available, serving as a bridal suite, honeymoon suite, and comfortable accommodation for guests. From the tastefully adorned event spaces to the inviting lounges, every element of this venue seamlessly combines style with practicality. Envision taking over a business where the ambiance is carefully curated, the decor is meticulously arranged, and the doors are ready to welcome you into ownership. C'est magnifique!

This opportunity transcends the ordinary – it's a symphony of profitability, a masterpiece of operational convenience, and a testament to the elevated standards of event hosting. This events venue is fully equipped and furnished, ready for an astute investor to step in and reap the rewards.

So, if you've harboured aspirations of owning a thriving events business without the challenges of starting from scratch, the time is now. Raise your glass to the investment of the decade!

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,280m²

River View, Witbank

The majority of the Witbank property for sale landscape is dominated by traditional “freehold” or full title properties, which make up some 87% of the composition according to recent Lightstone property reports. The remainder of the market is made up of residential Witbank estates (around 8%), and sectional title units (townhouses, flats and apartments) comprising around 5%.   These numbers in...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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MONTHLY REPAYMENTS

 

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Monthly Payment

165,902.62

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