R4,990,000
Monthly Rates
R1,700
Total
R1,700
WATERGAT PUB & GRILL FOR SALE ON THE OORZAAK ROAD JUST OUTSIDE RUSTENBURG
Web Ref.
RLS953450
The Watergat Pub & Grill, located on the Oorzaak Road just outside Rustenburg, presents a lucrative investment opportunity. Situated on a spacious piece of land, this property boasts several income-generating assets. Included in the sale are 10 fully furnished one-bedroom flats and 3 three-bedroom houses that can be rented out for additional income. Additionally, there are 2 larger houses on the land that offer further potential.
The centerpiece of the property is the pub and grill, which generates income each month. With a large hall that can be rented out for functions or used to enhance the pub's offerings with a dance floor, the potential for revenue growth is significant. The hall comes equipped with 10 tables and 50 chairs, providing added value to the property.
Water provision is taken care of with a borehole and JoJo tank that supply water to the entire farm. There are also 6 domestic rooms for workers and two extra flats currently utilized by bar staff. A workshop adds further utility to the property.
With all rooms rented out and the pub and grill the farm has a very good income. This presents a compelling opportunity for investors looking to capitalize on multiple streams of income in a thriving location just outside Rustenburg.
The centerpiece of the property is the pub and grill, which generates income each month. With a large hall that can be rented out for functions or used to enhance the pub's offerings with a dance floor, the potential for revenue growth is significant. The hall comes equipped with 10 tables and 50 chairs, providing added value to the property.
Water provision is taken care of with a borehole and JoJo tank that supply water to the entire farm. There are also 6 domestic rooms for workers and two extra flats currently utilized by bar staff. A workshop adds further utility to the property.
With all rooms rented out and the pub and grill the farm has a very good income. This presents a compelling opportunity for investors looking to capitalize on multiple streams of income in a thriving location just outside Rustenburg.
Features
Exterior
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Oorzaak AH, Rustenburg
South Africa's North West Province is strategically located between Botswana in the west and the economic powerhouse and industrial heartland of Gauteng in the east. The province offers vast mineral resources, sophisticated tourist industry and agricultural abundance.Opportunities abound for increasing the income-producing capacities of the local industries, enhancing product beneficiation within the province and participating more fully in the international markets linked to the region's resources. The province is home to bases for a number of international companies such as BMW, Samsung, Tiger Wheels, Shanghai Video and Audio, Lear Corporation, Kromberg and Schubert, Nestle, HJ Heinz, Hong Kong's Universal Enamelware, Firestone...
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