Investor Opportunity: 8.5 Hectare Venue Estate with Rental Income
Location:
Approximately 10 km outside of Randfontein.
Property Overview:
A diverse estate featuring multiple accommodation options, generating substantial rental income. The property includes various buildings, recreational facilities, and extensive grounds, offering a unique investment opportunity.
Property Features:
1. Accommodation:
o Manor House: 4 bedrooms, 2 bathrooms, large kitchen, dining room, lounge, and enclosed garage.
o Simplexes: 3 units with 2 bedrooms each, including one fully furnished simplex (available for immediate occupancy or rental).
o Thatched Cottages: 2 units with 2 bedrooms each, designed and built to high standards.
o Detached Cottage: Potential for conversion into additional rentable accommodation.
2. Recreational Facilities:
o Games Room: Equipped with a pool table, dart board, bar, settees, chairs, artwork, rugs, weights, and pool equipment. Includes a pull-down screen for videos or lectures.
o Swimming Pool: Large pool (5m x 8m) surrounded by three simplexes.
o Thatched Lapa: High-quality bar and braai area for events and entertaining.
3. Gardens and Grounds:
o Beautiful lawns, flower gardens, office, library/prayer room.
o Fruit trees (lemons, oranges, apples, pears, peaches, natchis, plums, apricots, figs, and grapes).
o Duck pond with over 10 breeding ducks, bird aviaries with parrots and doves.
o Kids' jungle gym, woods, walking and playing area.
o Large car park area within garden walls (up to 10 cars) and additional camping and parking area for up to 100 cars outside the garden walls.
4. Utilities:
o Water Supply: Provided by a deep, clean well with a capacity of 7200 liters per hour.
o Electricity: Provided by Eskom via a private transformer with single and three-phase power. Supplementary power from two petrol generators.
o Water Distribution: Pressure and demand pumps with large storage tanks. Gravity feed supply for irrigation and livestock troughs.
5. Security:
o CCTV: Two sets of 4-camera continuous recording systems with night vision.
o Lighting: Solar and main lights around the estate for maximum security.
o EPR Fast Response Guarding.
6. Additional Buildings:
o Maintenance and Repair Stores: Fully equipped.
o Office and Guest Room: Additional spaces for various uses.
o Toilet Blocks: For guest convenience.
o Covered Parking: For up to 5 cars.
o Farmer's Cottage: Can be converted into stables, a vehicle workshop, or additional accommodation.
Potential Income:
• Current Monthly Income: R23,500.
• Additional Potential Income: R7,000+ if the owner's simplex is rented out.
• Further Rental Opportunities: Detached cottage can be converted for more rental income.
Sale Inclusions:
• All furniture, equipment, artwork, machinery, security devices, sports and leisure equipment, gardening equipment, and other outdoor and indoor furniture throughout the estate.
Contact Information:
For more details or to schedule a viewing, please contact us today!
Don’t miss out on this incredible investment opportunity to own a versatile and income-generating estate! Read more...