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R 6 000 000 | 4 bed property for sale in kameeldrift east

Property Description

This unique property contains 2 dwellings and a unique Coffee Shop, Wedding & Function Venue, on its own private water front. The first dwelling has 4 bedrooms, 3 bathrooms and 3 garages. Alarm and security camera system. The second dwelling has 2 bedrooms and 1 bathroom, 2 carports and 3 garages. The Coffee Shop is part of a Wedding & Function Venue that caters for weddings under Bedouin/Stretch Tents. 4 Stretch Tents are included(value of R400 000, two x 12 x15m and two x 5 x 7.5m) and can accommodate 100 people, 360 metres fairy lights included. Table, chairs and cutlery are rented when required for a function. The Coffee Shop is the start and end of a Mountain Bike Park and has a captive mountain biker market, visiting the Coffee Shop and MTB Park on Saturdays and Sundays. The Venue also caters for the mountain bikers when a race is held on the Mountain Bike Park and this is an additional cash income that varies from race to race. The Coffee Shop is equipped to accommodate 40 people, currently serving only breakfast on Saturdays and Sundays, from 7:00 to 12:00, generating R15 000 per month cash income, with 50% profit. Expansion into serving lunches is part of the opportunity for growth.The venue also has a Boma that can accommodate 50 people, generating R3 000 cash rental income per event. dam at the Coffee Shop is 5 000 000litres and costs about R1500 per month to maintain. Three workers rooms with bathroom and kitchen, 6m container, 50 KVA power and Tshwane water, with two equipped, single phase bore holes. is the ideal place to retire and generate some income on the side, it has huge potential. The property is for sale, the business is an added bonus. No financials available as the Coffee Shop and Venue is run as cash business. This property is part of the Buffelsdrift consevancy, that is fenced in, with zebra, bluewildbeest, kudu, impala and blesbuck that roam freely. This property has two title deeds and each property can be bought seperately. Property of 8.5 ha with 2 house for R3.2 mil and property of 8.5 ha with venue, coffee shop, dam and MTBpark for R2.8 mil.


Property Details

Purchase PriceR 6 000 000

Type of PropertyHouse

Last Updated18 Nov 2021

Rooms

Bedrooms4

Bathrooms3

Property Location

Similar Property in nearby suburbs

Agent

Kara Smit

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