R17,500,000 | 1,750m² Building For Sale in North Riding

Located on a spacious 38,428m² lot in North Riding, this 1,750m² freestanding facility offers a remarkable investment opportunity. The Blandford Manor Restaurant & Venue, now under new management, is perfectly suited for conferences and private events including weddings, baby showers, birthday parties, and family gatherings. Currently leased to around eight tenants, the property generates an income of approximately R200,000.00 per month. The estate features a main house with three bedrooms, a lounge, dining room, entertainment area, and a swimming pool. Additional amenities include a large workshop, three garages, carports, and a well-equipped conference centre with five rooms, including a 200-seater venue. Sustainability is ensured with 76 solar panels, a 50kW grid-tied inverter, a 25KVA generator, three boreholes, and two 30,000-litre water tanks equipped with a switch-over system. The property is offered for sale at R17,500,000.00 plus VAT, with monthly rates and taxes of R32,900.00.