8.5 ha farm in Tiegerpoort

R 22 545 000

Werner Eksteen

RE/MAX-Jowic Irene

Annie Benade

RE/MAX-Jowic Irene

8.5 ha farm in Tiegerpoort

R 22 545 000

we tiegerpoort
Can I afford this?
29 Beds
29 Baths
Land Area 8.5 ha

PRICE : R22 545 000 (VAT Included)

The entity is VAT registered, however, the sale contract could be structured that no VAT is payable if it is sold as a going concern.

An excellent opportunity for any investor or developer! This prime property in the East of Pretoria is ready to take it to the next level with all approvals and services in place. Either expand on the current lodge, or develop a small and exclusive estate. This is an opportunity not be missed!

PROPERTY DESCRIPTION:

Size of Land : 8.5 hectares

Approved Coverage : 10% of land area (8500 m)

Size of current improvements : 2667m

Still available to Develop : 5832m

Height Restriction : 2 storeys

Valid Liquor License for a restaurant and ladies bar is already approved and in place.

The Developer can commence immediately with building of the approved structures.

RIGHTS APPROVED AND IN PLACE:

- 29 new units on stands (chalets or sectional title units)

- The Sectional Title Schemes for the 29 units are opened and registered at the Deed''s Office

- The Right for Further Extension of the 29 units have been registered at the Surveyor General''s office with stand sizes varying between 511m and 896m

- Building of a lecture room, a gym and a squash court has been approved

EXISTING BUILDINGS:

Guard House at Gate : 77m

Chapel : 170m

FUNCTION HALL 420m with :

- Ladies Bar

- Restaurant

- Lounge

- Kitchen

- Ladies & Men''s toilets

LAPA WITH BAR AREA : 183m

- Ladies & Men''s toilets

Board Room : 36m

Lecture Room : 136m

x12 Double hotel rooms, all en-suit : 476m total

x2 Managers'' Houses : 132m and 213m respectively (345m total)

x3 one bedroom self-catering chalets : 106m each in size (318m total)

x3 two bedroom self-catering chalets : 131m each in size (393m total)

x3 three bedroom chalets without kitchen : 89m each in size (267m total)

Pump houses for x2 boreholes with a tested yield of + 10 000 litres per hour. The quality and quantity of the boreholes have been tested and approved as required by the authorities.

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Key Property Features

29
Bathrooms
29
Bedrooms
29
En-suite
Access Gate
Fenced

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Werner Eksteen

Werner

Eksteen

Annie Benade

Annie

Benade

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8.5 ha farm in Tiegerpoort

R 22 545 000

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