Going concern, mixed-use zoned property on the R44 with 55 000 vehicles passing daily. Zero-rated VAT transaction.. An Agricultural Zone 1 property of 1.48ha with consent use for tourist facilities and service trade between Stellenbosch and Somerset West is up for sale.
Visible from the R44, this property oozes location, easy access, stunning views and thousands of passers-by on a daily basis. About a 10 minute drive from either Stellenbosch and Somerset West, the property overlooks the Simonsberg, Stellenbosch and Helderberg Mountains and is surrounded by some of the countrys best wine farms as well as the popular Mooiberge Farm Stall and the Route 44 weekend market venue.
Important to know:
Price: R28.5m (excl VAT)
For sale as a going concern and can be a zero-rated VAT transaction
1.84ha
Agricultural Zone 1 with consent use for tourist facilities and service trade
Occupied by a restaurant, nursery, fine-arts gallery, an equestrian shop, amongst others
Pool
Air-conditioned
CCtv-cameras and beams installed
Paved driveway and ample parking
Water, electricity and sewerage services in place
Borehole delivers about 5m3 drinking water per day
Irrigation water supplied by Wynland Water Users Association and the neighbouring farm
Irrigation system installed
Effluent treatment plant
Eskom electricity
Monthly rates & taxes: R4 530
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