R17,500,000 | 1,750m² Building 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 Blandford Manor Restaurant & Venue is under new management. It is excellent for conference, and private functions such as birthday parties, family gatherings, baby showers, weddings. The property is currently occupied by around 8 tenants, generating an income of approximately R200,000.00. 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. The sale price is R17,500,000.00 plus VAT. Rates and taxes R32,900.00.