INCREDIBLE VAAL RIVER BUSINESS AND LUXURY RESIDENCE OPPORTUNITY ON MILLIONAIRES BEND
• Gambling license (Game of skill)
• Liquor license
• Hotel and guest house rights
• 3.5-hectare total land extent
ON SITE COCKTAIL AUCTION SATURDAY 19th SEPTEMBER 2024 @1PM
VIEWING AND REGISTRATION FROM 11 30 AM
DRINKS AND SNACKS WITH ENTERTAINMENT WILL BE SERVED
FOR MORE INFORMATION, PLEASE CONTACT THE BROKER LISTED
Calling all hospitality entrepreneurs and entertainment moguls! A rare opportunity to own a piece of Vaal River paradise on the exclusive Millionaires Bend!
• This property consists of a river front restaurant bar, a second large indoor bar, a full restaurant kitchen, a residential block (10 units), 2 massive luxury mansions for personal living and a huge event field for open
air events.
• Guarded security house entrance to property.
• Legally permitted bar on the river front.
• A unique faux beach extending from the bar across the river front creating a relaxed and inviting atmosphere.
• Big walk up viewing deck above the riverfront/beach bar
• Abundant restaurant parking leading through to the river.
• Table space for 350 anytime guests with loads more space for expansion.
• Unrivaled riverfront boat parking for 40+ vessels.
• Fully kitted restaurant kitchen with all the extras.
• Walk in refrigeration.
• 2nd massive indoor bar with table seating for rugby game days and more with clay pizza oven.
• Male and female guest bathrooms.
• The venue has been used previously for large concerts and day event hire etc.
• A block of flats featuring 10 self-contained units with pre-paid electricity.
• An extensive open air field ideal for concerts, markets or any event you could imagine.
• The field has a capacity of 6000 plus event goers.
• Double storey mansion home No.1 features -4 large en-suite bedrooms, dining room, lounge with fireplace, reception area, downstairs male and female bathrooms, large private bar, extensive casino floor with equipment, walk-in safe room, imbuia wooden staircase with beautiful high ceilings and conference facility potential.
• Double storey mansion No.2 features 3 bedrooms 2 bathrooms, lounge dinning room, kitchen, a fully mosaic pool, sauna, jacuzzi and sun deck.
• Borehole water usage throughout.
Currently the bars/restaurants are earning R150K NETT in the winter months and 350K NETT in the summer months this is excluding the individual day events profits.
The block of flats rents at 6K per unit with 6/10 currently occupied with an income of 36K per month. Potential full capacity at 60K per month.
There are many more features to this incredible property which need to be seen and felt.
Join us for a day filled with possibilities that could give you your new luxury business and residence! Join the auction, come for the sun and enjoy a relaxing drink on the riverfront with us.
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