1 500 m² Commercial space in North Riding

This property was valued by FNB at R17 500 000. The conference Centre and Restaurant have a 5 year lease from 1 Sep 2024, which brings in an income of R200 000/ month. A fabulous country-style property, located in the heart of the busy North Riding area.

You will have: 2 fully equipped conference buildings with facilities for 8 - 300 delegates

3 Office spaces

2 Outbuildings with tenants bringing in an income of R75 000

40 000sqm of land with about 1500sqm under roof

Municipal consent conferencing business and restaurant with a license (to be renewed after

transfer) - under lease for 5 years from 1 Sep 2024

Garden-style coffee shop and Pizzeria

Dam and stream

Main house with 3 bedrooms, swimming pool, Entertainment room with Pool table and Anthracite heater, study, combined

lounge-dining room, bar area. All rooms have security and open to the gardens and entertainment area

Outside cottage with bedroom, shower room, and separate lounge/kitchenette.

Large workshop, Carports, 3 garages

76 solar panels

1 x 25 KVA Generator

3 boreholes and 60 000 litre water tanks with water tanks and booster pumps

3 pumps to drain water out of the river

secure parking for 200 cars

Alarms, cameras, and CCTV