Exceptional Investment Opportunity: Historic Estate with Business Potential
Discover a truly unique property offering a blend of historic charm and significant commercial potential. This expansive estate, boasting 4,000 square meters of prime land, presents an unparalleled opportunity for entrepreneurs and investors alike.
The heart of the property is a magnificent main house, featuring two bedrooms and exuding character with its original pine floors, dating back 107 years to its construction in December 1917. Currently generating a rental income of R10,000 per month, this residence offers immediate returns. Beyond the main house, the property is equipped with staff quarters, ensuring comfortable accommodation for on-site personnel.
This estate is not just a home; it's a business waiting to flourish. It benefits from Special Zoning, Business 2 Rights, allowing for a restaurant or tea garden. An existing liquor license is available, with the option to acquire the fully operational restaurant business, including the license, for an additional R500,000. The restaurant features a spacious 70 square meter outdoor seating area, perfect for al fresco dining. The business operations are meticulously managed using Sage bookkeeping and GAAP systems under the entity Molly's PTY Ltd.
Further enhancing its commercial appeal, the property has the potential for a double-storey development and offers the flexibility to sub-divide further, allowing one unit per 1,000 square meters. Infrastructure is robust, with both municipal water and a borehole ensuring a reliable water supply, and a generator providing uninterrupted power. Security is paramount, with an automated gate controlling access.
The versatility of this property is remarkable, making it an ideal candidate for a guest house, wedding venue, or conference center. Its historical significance, combined with modern amenities and extensive business rights, positions it as a premier investment.