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R1,150,000

Monthly Bond Repayment R11,870.17
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R200

Unique Hospitality Opportunity on 2.1 Ha with Large Dam and River Frontage

Discover an incredible opportunity to own and develop a stunning 2.1-hectare property encompassing a large dam and 200 meters of picturesque river frontage. Perfectly situated amongst similar sized smallholdings in Magaliesburg, for those who appreciate nature and seek an idyllic getaway. This versatile property was utilised as restaurant many years ago and retains its original charm, waiting for new life and vision.

Property Features
Spacious Land: 2.1 hectares of land offering abundant space for development and outdoor activities.
Waterfront: Enjoy direct access to a large dam, ideal for fishing, swimming, and creating unforgettable memories.
Former Restaurant: The original house is still intact, with the potential to be gutted and redesigned—perfect for creating a unique restaurant and event venue.
Business Rights: The business rights lapsed as it was no longer operational as Restaurant. But new owners can apply for Business rights again at Mogale City.
Municipal water and electricity: To be connected by new ownwers.

This property is the ideal canvas for crafting a family-friendly restaurant, an inviting event venue, and accommodations for holiday breaks.

Family Breakaways: With planned cottages and charming log cabins for keen fishermen, this destination can offer comfortable lodging for families seeking fun and adventure.
Couples’ Retreats: Create an intimate escape for couples who enjoy the outdoors, featuring cozy dining options and romantic accommodations.
Children’s Activities: Design engaging spaces and activities, ensuring families can create lifelong memories while connecting with nature.
Amenities & Renovation Plans
Redesigned Interior: Open-concept design with a welcoming atmosphere, featuring a large deck overlooking the river for dining and relaxation.
Outdoor Activities: Expand your offerings with nature-based experiences, fishing clinics, and eco-friendly amenities.
Sustainable Focus: Incorporate environmentally-friendly features to attract eco-conscious travelers.

Location Benefits
Nature Lover’s Paradise: Nestled in a serene location, surrounded by natural beauty, and easily accessible for local and visiting guests.
Attraction Potential: The property offers myriad opportunities to create a unique experience and draw both locals and tourists.
Investment Opportunity
Whether you’re an experienced investor or looking for a new venture, this property can be transformed into a thriving hospitality destination or an idyllic hideaway for yourself. Build upon its existing infrastructure and business rights to fulfill your vision.

Don’t Miss Out!
Seize this rare opportunity to own a piece of paradise where you can develop a profitable business while offering guests unforgettable experiences.

For inquiries or to schedule a viewing, please contact Elize or Juan.

DISCLAIMER
All descriptions advertised digitally or printed in regards to this property are the opinions of Grounded and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusion and decisions. Although every effort is made to ensure measurements and information are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating or cooling systems have not been tested by Grounded and no warranty can be given or implied as to their working order.

Features

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0
Pets Allowed
Yes
Sizes
Land Size
2m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

11,870.17

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