Home, Farm, Wedding Venue? With 6 income-producing cottages
Situated on the tar, on M5 Beyers Naude Extension in the heart of the wedding venue area, and just 5km from the N14 Pretoria/Krugersdorp highway with full road frontage, this property is an ideal investment opportunity. It borders the Moon and Sixpence wedding venue and is across the road from Cradle Moon and Ekudeni Country Venue.
Located in the Greater Lanseria Development Precinct, the ‘Smart City’ and just 10 minutes drive from Lanseria Airport, this large property spans over 9 hectares and has 6 income producing rental cottages on the fenced off top section. The remainder of the property sloping away from the main road, giving beautiful views of the valley, is ripe for farming, or for a residential property, guest house or wedding/events venue.
The 6 cottages have been rented out for 10 years, generating a substantial income. There is also a large storeroom. Eskom power is provided to the cottages and a strong borehole provides ample water.
Although currently zoned agricultural, the options for development of this property are endless. You could consider bed and breakfast accommodation to service all the wedding venues in the area or tap into the popular cycling hub.
Peace and quiet, mature trees, abundant bird life and outstanding views, in easy reach of retail and other facilities, make this the perfect property.