Income producing property on the busy R44
Location! Location! Location!
This pristine 1.48Ha property, zoned agricultural with consent use for a restaurant and nursery is perfectly situated on the R44 main road between Stellenbosch and Somerset West. Overlooking the beautiful views of the famous Simonsberg, Stellenbosch and Helderberg mountains. There is a national restaurant chain currently renting part of the main building. Slipway to the property from the busy R44 (about 55,000 cars passing every day) have already been built when previous applications were approved.
Electricity is provided by Eskom. Irrigation Water from Wynland Water Users Association - 5600 m3 per annum and irrigation water from the neighboring farm - 4500m3 per annum. The property also has a borehole providing approximately 5m3 per day. The water runs through the necessary filters before it is distributed to the various facilities.
A paved drive way and ample guest parking completes this property. VAT not included in purchase price. Sold as a going concern and can be a ZERO rated VAT Transaction. Read more...