Income-Producing Investment Opportunity
Price: R25 000 000 excluding VAT
Location: Glen Donald AH, Meyerton, Gauteng.
Zoning: Mixed Use - Residential & Business.
Land Size: 2.1 Hectares.
A rare opportunity to acquire an income-generating function venue with an established 16-year trading history. Perfectly positioned near Meyerton, Vereeniging, and the R59, this property offers excellent access, strong financial performance, and multiple revenue expansion possibilities.
Key Investment Highlights
• Proven Business with Exceptional Returns.
• Restaurant’s monthly turnover: R650 000 to R750 000.
• Restaurant’s Gross profit: Average of 50%.
• Established brand: 16 years in operation.
• The property is fully equipped for continued success.
Significant Upside Potential
• Revenue can be substantially increased by renting out the multiple residential dwellings and business premises which are currently owner-occupied and not generating rental income.
High-Value Infrastructure
• R3.5 million solar power system consisting of 320 Solar Panels, two 50 kWh inverter system with a 200 kWh battery backup and a 150 kW generator.
• Full Ajax security system worth approximately R400 000.
• 2 boreholes.
• 3-phase electricity.
• Fibre connectivity.
• Ample parking.
• Landscaped gardens.
• Secure gated access.
Facilities Included in the Sale
Restaurant & Function Venue:
• Established buildings and infrastructure with consistent client base.
• Fully licensed restaurant with indoor & outdoor dining.
• Wedding, Events hall & Chapel (200 to 250 people) with fully equipped kitchen and 5 Restrooms.
• Stage used for live performances.
• Lapas with bar & pizza station with wood fire ovens.
• Play areas complete with modular play systems.
• Private function lapa that can accommodate 80 to 100 guests.
Residential Accommodation:
• Main House: 3 bedrooms, bathroom, kitchen, lounge, pantry, 2 flats, office & storeroom.
• Dwelling 1: 2 bedrooms, bathroom, modern open-plan design kitchen, lounge and dining.
• Dwelling 2: 3 bedrooms, 3 bathrooms, kitchen open-plan design, laundry, lounge, sunroom, dining room and a swimming pool with a lapa.
• Honeymoon Suite: lounge, kitchen, bedroom, bathroom.
Additional Businesses on Site (Excluded from Sale)
• Carwash & Shop: Independently owned with a 5-year lease in place.
• Printing Business: Family owned and operated without a lease.
• Inflatables Business: Owner operated with no lease, but forms part of the VAT-registered Business Entity.
Opportunity Summary
This is a well-established, income-generating operation with an excellent reputation and long-standing client relationships.
This property combines strong, proven income with high-value infrastructure and unlocked potential through underutilized residential units and existing mixed-use zoning. Whether acquired as a lifestyle investment, hospitality business, or portfolio addition, it offers an outstanding balance of cash flow, asset value, and growth potential.
At Harcourts Maritz Properties, we understand the significance of choosing the right location and facilities for your business. We are committed to maintaining our reputation for reliability, consistency, and integrity. Our focus is on building strong, long-term relationships based on mutual trust and respect with all our clients. For prompt and efficient service regarding your commercial property needs—whether buying, selling, or renting—or for professional advice, please reach out to Wian Coetzee or email us with your specific requirements.
Our Services Include:
- Selling and leasing of industrial and commercial properties
- Selling and leasing of industrial and commercial land
- Development of industrial and commercial buildings
- Development of industrial and commercial land
- Valuation of land and buildings