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17,500m² Farm For Sale in Oorzaak AH
R4,990,000
Monthly Bond Repayment R54,076.98
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RLS953450
WATERGAT PUB & GRILL FOR SALE ON THE OORZAAK ROAD JUST OUTSIDE RUSTENBURG
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
Land Size 17,500m²
Furnished Yes
Pets Allowed Yes
Monthly Rates R1,700.00
Furnished Yes
Pets Allowed Yes
Monthly Rates R1,700.00
Agent Contact Details
Bianca Claassen
Candidate Property Practitioner
Registered with PPRA
(FFC 202 371 483 56)
Cell 0676204332
Office (014) 4955142
WhatsApp Me
Candidate Property Practitioner
Registered with PPRA
(FFC 202 371 483 56)
Cell 0676204332
Office (014) 4955142
WhatsApp Me
Message the Agent
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