Welcome to an exceptional investment opportunity in a prime location! This 2.6- hectare property situated on the slopes of the majestic Magaliesberg mountain offers an ideal setting for various business ventures. Located next to the main road and in close proximity to the major attractions on the Damdoryn side of Hartbeespoort dam, this property is perfectly positioned for success.

Currently operating as a well-known holiday resort, this property attracts day visitors and offers both short- and long-term accommodation options. The resort boasts 46 rooms, including inside and outside bathrooms, kitchens, and ample storage spaces.

With three swimming pools, numerous leisure areas, a jungle gym for kids, and plenty of braai spaces, guests are provided with a delightful experience.

The income potential of this property is impressive. Long-term rentals yield a total income of approximately R105,450.00 from the 46 units, ranging from R1,600.00 to R5,000.00 per month. Additionally, overnight accommodations, priced between R350.00 and R450.00 per night, contribute significantly to the monthly income, estimated at R12,000.00 to R25,000.00 when fully utilised. Hourly room rentals are also available at R200.00 per room.

During the summer months, weekend and day visitors further boost income, ranging from R2,500.00 to R8,000.00 per day, with entertainment provided at a nominal fee. Operational expenses include a caretaker's commission based on gross income and gardeners' wages, ensuring the property is well-maintained and attractive to guests.

In addition to the lucrative income streams, the property features essential amenities such as a borehole, reservoir tanks, alarm system, awning, balcony, electric gate, fireplace, garden, gas hob, granite tops, laundry facilities, security features, and much more. The expansive exterior includes carports/parking spaces and offers breathtaking views of the surroundings.

This property presents a remarkable investment opportunity with immense potential for growth and expansion. A revamp could significantly enhance monthly income, making it a highly rewarding venture. Don't miss out on this chance to own a lucrative business in an unbeatable location Read more...