1,750m² Building For Sale in North Riding

R17,500,000

106 Hyperion Road

Web Ref No COM21703

Freestanding Facility For Sale In North Riding

This freestanding facility in North Riding, measuring approximately 1,750m² on a large 38,428m² lot, offers an exceptional investment opportunity. The property is currently occupied by around 8 tenants, generating an income of approximately R75,000.00 per month. It includes a main house with 3 bedrooms, a lounge, dining room, entertainment area, and a swimming pool. The facility also boasts a large workshop, 3 garages, carports, and a well-equipped conference centre with 5 rooms, catering to various sizes, including a 200-seater venue.

In addition to its commercial features, the property is equipped with 76 solar panels, 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, ensuring sustainability and reliability. It also holds municipal consent for operating a restaurant with a liquor license, further enhancing its potential. The sale price is R17,500,000.00 plus VAT, with annual rates estimate