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Commercial space in Lephalale (Ellisras)

R 13 020 000

Address: 474 marken road
28 Beds
28 Baths
Land Area 42 ha Rates R 600

INVESTMENT OPPORTUNITY IS HERE ONCE AGAIN.

For sale is a lodge in Lephalale. Exclusively marketed by RE/MAX Bushveld, this property is situated 5kms out of Lephalale CBD, on the Marken Road. Set on a sprawling 42 000ha parcel of land in the heart of Lephalale. It is a great invest to consider. This timeless classic consist of immovable assets which includes:

18 air-conditioned chalets, each en-suite (shower and toilet)

Four X two-bedroom houses with two bathrooms each, comprising:

o One Owners house, centrally situated. Has own swimming pool and large workshop.

o One Managers house, centrally situated.

o Two houses which can be used for guests or long-term rental.

Two contractor buildings, comprising a total of 28 air-conditioned en-suite rooms (shower and toilet). Adjacent to the two buildings, is a large building which can be converted into further accommodation, or a commercial kitchen.

A fully operational commercial kitchen, fitted with gas. Equipped with a freezer room and a cold room.

A large function hall with its own bar, situated on the dam.

A large bar, situated on the dam. Fitted with braai place and big flat screen tv. Both function halls can accommodate around 265 guests together at any one time.

A building which was previously used for poultry. Can be used for cultivation of greens as well.

An island connected to the function hall with a wooden walkway. On the island a large waterfall has been erected which provides a spectacular view and atmosphere in both the function hall and bar areas.

Large swimming pool with a small waterfall, next to the dam.

Staff quarters, away from the main lodge. Can accommodate around 10 workers.

A large water purification plant. Water source is the Tamboti river.

A large workshop, adjacent to the Owners house.

High quality Livestock kraals, currently used for sheep.

Paved parking areas.

French drains are in operation across the lodge.

ESKOM power is in use, with 2 transformers. There is also a 250kva generator which powers the lodge when ESKOM power is down.

The lodge has about 7.5 hectares of water rights from the Tamboti River.

All rooms are fully furnished, each with its own tv, DStv decoder and bar fridge.

Property size is 42.0492 hectares. Portion 16 of the farm Werken Dam 474, Registration Section LQ of the province Limpopo. There are no land claims on the property.

There is a large piece of land which is unused at the moment, and can be used for farming, development or other activities.

The lodge is owned by a private company which is VAT registered. Selling price is therefore subject to VAT, but the transaction should qualify as a zero-rated transaction. The property will be sold on its own (not the company). Therefore, the buyer will have no exposure to creditors, etc. of the company.

BOOK YOUR APPOINTMENT TODAY, THIS IS AN OFFER NOT TO MISS!!!

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Key Property Features

28
Bathrooms
28
Bedrooms
30
Open Parkings

Contact Agent

Need a home loan?

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