R7,550,000
R7,550,000
Monthly Bond Repayment R81,819.88
Calculated over 20 years at 11.75% with no deposit.
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Exceptional Investment Opportunity: Northern Slopes of the Magalies Mountain Range
Discover an extraordinary investment opportunity with this property located on the Northern slopes of the renowned Magalies Mountain Range. Offering a prime location and tremendous development potential, this property is an investor's dream. Let's delve into the key features and highlights:
Prime Location
Situated in the picturesque surroundings of the Magalies Mountain Range, this property offers an idyllic setting for outdoor living, surrounded by bushveld and mountains. Its convenient proximity to the old Rustenburg road and the R511 towards Rustenburg, Thabazimbi, and Sun City makes it an ideal location for those seeking a tranquil lifestyle close to town but away from the hustle and bustle.
Development Potential
With its strategic location and close proximity to popular tourist attractions and outdoor entertainment facilities, this property holds significant potential for development into a tourism attraction income facility. The area's inclination towards outdoor entertainment, including markets, caravan parks, and wildlife sanctuaries, further enhances the property's appeal.
Property Features
The property offers a range of accommodation options, catering to various needs. From a spacious four-bedroom family home with an entertainer's dream setup to open-plan flatlets, separate rooms with bathrooms, chalets, workshops, and servants' quarters, there are ample opportunities for different income streams. The total monthly rental income potential of approximately R 25,000.00 - R 30,000.00 highlights the lucrative investment opportunity it presents.
Property Size and Amenities
Spanning 23.9 hectares, this property provides ample space for development and expansion. It features strong boreholes, a swimming pool, a braai area, Eskom power (3 phase), and reservoirs, offering essential amenities for potential development and lifestyle convenience.
Reason for Selling
The property is being offered for sale by the current owner, a widow who is relocating. This presents an opportune moment for investors to acquire this valuable income property at a competitive price.
This exceptional investment opportunity on the Northern slopes of the Magalies Mountain Range is priced to sell and invites investors to explore its potential for development and rental income.
Contact the agent today to arrange a viewing at your convenience. Don't miss out on this incredible opportunity!
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
23Ha
Extras
Three Phase Eskom PowerZandfontein AH, Hartbeespoort
Hartbeespoort surrounds the dam and is a picturesque resort town located within the North West province 40 minutes outside of Pretoria. Referred to fondly as "Harties" by its locals, the town makes for a popular destination thanks to a variety of activities and stunning homes.
Harties is loved for the leisure of countryside living packed with endless adventure around the corner. Moreover, its 80km distance...
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