OPPORTUNITY TO CONVERT A VENUE INTO A GOLD MINE!

Property Details

OPPORTUNITY TO CONVERT A VENUE INTO A GOLD MINE! Guest house with a spa and conference facilities built on 3 stands with 3 separate title deeds. You have the option to purchase as a whole or individually. Located in a quiet, Jacaranda-lined Avenue in Erasmusrand, a well-established and affluent suburb bordering Waterkloof Ridge in the southeast of the Pretoria. NO TRANSFER FEES! Our client is registered for VAT - If the property is sold as a going concern, meaning it is part of an ongoing business and both the seller and buyer are VAT-registered vendors, the sale can be zero-rated. FURNITURE AND APPLIANCES ARE INCLUDED IN THE ASKING PRICE! Beautiful garden and exterior fixtures. Lapa. Male and female staff quarters. Parking for 100+ vehicles. Excellent security with features like CCTV, armed response and electric fence. Neighbourhood soon to be boomed-off. ZONED: Special Residential; Guest house and Conference Centre. PROPERTY 1 917Sqm under roof on a 1 927Sqm stand. Reception area. 17 Luxurious, well-planned bedrooms with ensuite bathrooms (3 with kitchenettes). Spacious lounge that can double as conference room. Kitchen. Dining area opening to a patio with built-in braai. Laundry. Generator with switchover. (R9m when sold separately) PROPERTY 2 519Sqm under roof on a 1 983Sqm stand. 16 Luxurious, well-planned bedrooms with ensuite bathrooms. Large conference room accommodating up to 100 people Smaller conference room that can accommodate 20 people. Interior and exterior dining areas Kitchen with a scullery. Main kitchen in a separate building well equipped with gas appliances, freezers, cold rooms Generator with switchover. (R9m when sold separately) PROPERTY 3 +/-300Sqm under roof on a 2 544Sqm stand (Originally the spa). Reception Room. Conference room - accommodate 56 people Spacious living area that can be utilised as a smaller conference room. Dining area. Kitchen with a scullery. Storeroom. Generator with switchover. (R3.2m when sold separately) AGENT’S COMMENTS: The elderly owners will be first to admit that this business’s potential is endless, but currently underutilised. Marketing and advertising are non-existent. Even though the entrance to the venue is in a quiet street, the N1 highway borders the back of the property – perfect for advertising boards. Business expansion - Opportunities like the tourist industry, work functions, weddings, and other special events should be targeted. LANDMARKS/ POSSIBLE TARGET MARKET CLOSEBY Armscor Mediclinic Kloof Hospital Waterkloof Hoërskool Sol-Tech Campus Waterkloof Air Force Base Waterkloof Golf Club Wingate Golf Club Castle Gate Lifestyle Shopping Centre Menlyn Mall Time Square Casino Castle Walk Shopping Centre Easy access to the N1 highway, and the intersection with the R21 highway, is just south of Erasmusrand, Don’t delay, call NOW!