2,500m² Investment For Sale in Waterval East
R56,000,000
Web Ref No CLS3488
INVESTMENT OPPORTUNITY WITH INCOME AND 4.5 HA DEVELOPMENT LAND
Investment Opportunity Not to Be Missed! This property boasts an ideal location in the heart of Waterval East, covering 8.13 hectares with 2500 square meters of buildings. Included are 47 fully furnished chalets: 4 x three-bedroom, 11 x two-bedroom, and 26 x one-bedroom units. Additional amenities comprise a reception area with two bathrooms, two conference centers, two offices, and a dining hall with a kitchen.
The main house features two bedrooms, an office, four bathrooms, a walk-in closet, a sunroom with sauna and jacuzzi, three living areas, a kitchen, scullery, and laundry room. A second house offers four bedrooms, two bathrooms, a kitchen, scullery, and an entertainment area. Additionally, there's a one-bedroom flat with a bathroom, kitchen, courtyard, and veranda.
Carports total 25, with extra buildings such as nine horse stables, three storerooms, a large workshop, six domestic worker rooms, and a five-bedroom domestic worker house. Security features include an alarm system, beams, and two swimming pools. Utilities comprise a 160 kVA generator, two boreholes with two water tanks, 5000-liter and 10,000-liter, and Eskom electricity.
Furthermore, a portion of the property is rezoned for development, with approved plans for two and three-bedroom units, covering approximately 4.5 hectares of land. Currently utilized as a guesthouse, the property yields a good Return on Investment (ROI). Serious buyers only. Comprehensive information on income and expenses will be provided to guaranteed buyers
The main house features two bedrooms, an office, four bathrooms, a walk-in closet, a sunroom with sauna and jacuzzi, three living areas, a kitchen, scullery, and laundry room. A second house offers four bedrooms, two bathrooms, a kitchen, scullery, and an entertainment area. Additionally, there's a one-bedroom flat with a bathroom, kitchen, courtyard, and veranda.
Carports total 25, with extra buildings such as nine horse stables, three storerooms, a large workshop, six domestic worker rooms, and a five-bedroom domestic worker house. Security features include an alarm system, beams, and two swimming pools. Utilities comprise a 160 kVA generator, two boreholes with two water tanks, 5000-liter and 10,000-liter, and Eskom electricity.
Furthermore, a portion of the property is rezoned for development, with approved plans for two and three-bedroom units, covering approximately 4.5 hectares of land. Currently utilized as a guesthouse, the property yields a good Return on Investment (ROI). Serious buyers only. Comprehensive information on income and expenses will be provided to guaranteed buyers
Features
Zoning Commercial
Monthly Rates R43,000.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 2,500m²
Land Size 8Ha
Air Conditioning Yes
Monthly Rates R43,000.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 2,500m²
Land Size 8Ha
Air Conditioning Yes
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