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R3,800,000

Monthly Rates
R3,271 Excl. VAT

PROPERTY DEVELOPERS DREAM FOR SALE

EXCLUSIVE SOLE MANDATE:

This property is on the N2 Main road through Riviersonderend , situated on a large corner stand in the center of town.

A PROPERTY DEVELOPERS DREAM! This is an fantastic opportunity for an investor - lots of rental income potential
All the tenants have been removed and the property were cleared of all rubble.

Draft Plans has been drawn up( still need to be submitted to council) for the second floor to be converted into 6 one-bedroom flats and 12 on-suite bedrooms.
The bottom floor can be used for accommodation, small shops and coffee shop or restaurant or can be developed into more flats.


On the property is a cottage with a loft that can be used as managers accommodation or be rented out for extra income
The 210 m² building on the other corner are newly can be used as a shop.

Lots and lots of potential! A fantastic opportunity if you want to invest in the rental industry, there is a huge shortage for rentals in Rviersonderend and surrounding towns. The owner is willing to include a nearby 991 m² plot that can be used as a parking area or any other development. Please contact us to show you this property!

This town is about 140km East of cape Town and is located on a loop of the Sonderend River, from which it takes its name. Riviersonderend is a small farming community which developed out of a service to the farms in the surrounding area. It has a very peaceful and rural atmosphere with cattle and sheep lazily roaming the green pastures. The mountain water is brown in colour (caused by organic plant material) and originates from the southern slope of the Riviersonderend mountains. It is believed to be the purest drinking water in this country.

There are many things to do in and around Riviersonderend- from kloofing adventures, a row down the river or a game of golf on the 9 hole golf course. En route you are bound to see some majestic Blue Cranes which have found sanctuary in the fields around the area.

Features

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Zoning:
Commercial
Sizes
Floor Size
1,700m²
Land Size
2,070m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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