1,750m² Building For Sale in North Riding

R17,500,000

106 Hyperion Road

Web Ref No COM19482

Neat Freestanding Facility For Sale Within North Riding

A neat freestanding facility for sale in North Riding, measuring approximately 1,750 m² on a sprawling 38,428 m² lot. This property features a main house with 3 bedrooms, a lounge, dining room, entertainment area, and a swimming pool. Additionally, the facility includes a large workshop, 3 garages, and carports. The conference centre is well-equipped with 5 rooms, accommodating various sizes from a small boardroom to a 200-seater venue. Currently, the property is occupied by approximately 8 tenants, generating an income of around R75,000.00 per month.

The property is well-equipped with 76 solar panels and a 50 kW inverter grid-tied system, a 25 KVG generator, 3 boreholes, and 2 x 30,000 litre water tanks with a switch-over system. It also holds municipal consent for operating a restaurant with a liquor license. The sale price is R17,500,000.00 plus VAT, with annual rates estimated at R32,900.00