MULTI PURPOSE INVESTMENT PROPERTY WITH DEVELOPMENT POTENTIAL
Situated in the heart of De Wildt,10 minutes from Hartbeespoort and 20 minutes from Pretoria, this 7.88ha gem of a property.A great buy for the discerning investor! With main road access, the 9 separate houses total 29 bedrooms and 19 bathrooms with multiple double garages and carports, ideal for a Lodge or resort. Zoned Residential 1, the property falls in the Peri urban zone and the Town planner will approve an application for Resort/Lodge. Current rental of the houses generates R80 000 per month! The sculptured gardens are beautiful an well maintained.
Property consists of the following: 1 x 6 bed, 4 bath home (main house) / 1 x 4 bed, 3 bath house / 1 x 5 bed, 4 bath house / 1 x 3 bed, 2 bath house / 3 x 2 bed, 1 bath houses / 1 x 3 bed, 1 bath house / 1 x 2 bed, 2 bath house. (individual houses can be sold separately if need be.)
With 3 boreholes there is ample water and 2 separate entrances allow for flexible entry. A huge added bonus is the front portion of the property (+- 3ha) has the potential to be rezoned for multi purpose retail offices,which is sorely needed in the area.This portion is on the main road.This is a fantastic investment opportunity to tap into the Tourism hub of Hartbeespoort and surrounding areas!
NOTE: Viewing will be subject to potential buyer showing a pre approval Bond Certificate or Bank Guarantee for purchase amount.
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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.
