1. DESCRIPTION:
PORTION 1130 IN EXTENT: 2,1113 (TWO comma ONE ONE ONE THREE) HECTARES
Portion 1130 is bonded
2. STATUS OF DEVELOPMENT:
Portion 466 and 467 was consolidated into Portion 1130 and with the following land uses approved:
2.1 catering school;
2.2 restaurant;
2.3 wedding venue and conference hall, with ancillary facilities
3. Current development on the property:
3.1 Not all approved facilities have as yet been developed. A chapel and chalets can still be developed.
3.2 The venue currently comprises of the following facilities:
• Hall: ± 200 m², fully air-conditioned and equipped with sound equipment and overhead projector and can
accommodate 160 seating;
• Wooden deck: Under cover and enclosed;
• Pizza
oven on covered area in front of the bar and adjacent to the hall and deck, that can accommodate ±
60 seating;
• Bar: Fully licensed and accommodates 40 seating. Adjacent to the bar are separate toilet facilities for
ladies and gents;
• Kitchen: with separate storeroom for cutlery and crockery, separate washing room, evaporating cooling
system (air-conditioning), walk-in fridge freezer and fully equipped with stainless steel tables, ovens, gas
stove, extractor fan, various display sliding fridges;
• Office and serving room: Adjacent to the kitchen is an office with washing facilities and that serves as
serving platform for catering;
• Storeroom: for storing dry foodstuffs and which currently also house all IT equipment (Point of Sales
System, camera system, alarm system);
• Two rooms: currently used for employees;
• Double lock-up garage: currently used for gardening equipment, tools, fertilizer, etc.;
• One large lock -up storeroom: currently used for storage of cars, bicycles, jumping castles, etc. for kids’
entertainment area and excess tables, chairs and equipment;
• Children’s play area: Enclosed lapa equipped with braai, fridge and prep bowl, used for children’s parties
and smaller functions on the play area. The play area comprises of a mini tarred racetrack and on which
pedal cars, bicycles, etc. are used. Adjacent to the children’s lapa in the children’s area, is a further 2
(two) toilets and basin for use by guests to the lapa;
• Spacious lapa: ± 120 m², covered and open-up on the garden area, kids play area.
Used for larger informal functions;
• Braai area at the river: let for small or big informal braai functions;
• Chalets: There are 2 (two) self-catering, fully equipped units with separate bedroom, separate bathroom,
separate kitchen, lounge area and patio, which are let as bridal suite and bridesmaids’ suite and/or on a
B&B basis with carport.
4. Other amenities:
4.1 There are 2 (two) boreholes on the property, of which only 1 (one) is used.
4.2 The property is supplied with Municipal water.
4.3 The property is equipped with a Ballam Waterslot self-cleaning septic system.
5. EXTENT:
Portion 466 and 467 were consolidated for purposes of rezoning and now comprise of Portion 1130 of the Farm Kameeldrift.
In extent: 2,1113 (two comma one one one three) hectares.
6. CURRENT OWNER:
The property is registered in a company also VAT registered.
7. BUSINESS ACTIVITIES:
The Company itself did not conduct business activities. The operation of the venue as a wedding and conference centre, including a pizza restaurant is conducted by Angelfish Investments 280 (Pty) Ltd. All movables and catering equipment is owned by Angelfish and can be acquired as part of any transaction.
8. Regulatory approvals and compliance:
8.1 A fully licensed Liquor Licence is registered in the name of the Company.
8.2 Concerning the operations by Angelfish Investments trading as Riverside Venue, the venue is registered with the SA Tourism Grading Council South Africa and carries a three-star grading.
8.3 The kitchen facilities and pizza restaurant are compliant with the Department of Health requirements
9. PURCHASE PRICE REQUIRED:
R14,600-000 (FOUTEEN MILLION SIX HUNDRED RAND), inclusive of VAT.
10. Adjacent properties:
10.1 Portion 471 of the Farm Kameeldrift 280, J.R.:
This property is 1,6128 (one comma six one two eight) hectares in extent and is zoned agricultural. An application is pending for opening of a Sectional Title Register in respect of the second dwelling and flatlet. The property has perimeter electric fencing.
The property has 3 (three) dwellings on it, being as follows:
• Main dwelling comprising of double lock-up garage, kitchen, dining area, lounge, 2 (two) bedrooms, 1
(one) bathroom and is currently let at R8 500-00 per month, excluding water and electricity;
• A second larger house, comprising of a kitchen, lounge, dining room, 4 (four) bedrooms, 2 (two)
bathrooms, double lock-up garage and is currently let at R7 500-00 per month, excluding water and
electricity;
• Adjacent to the second dwelling is a bachelors flat comprising open plan lounge, kitchenette, bedroom,
bathroom and carport. The flatlet is currently let at R3 500-00 per month, excluding water and electricity.
PRICE: R3,650 000-00 (THREE MILLION SIX HUNDRED AND FIFTY RAND) including VAT.
10.2 Portion 472:
• This property is 1 (one) hectare in extent, is zoned agricultural and comprise of a large, enclosed farm
store (± 180 m²), 4 (four) rooms for labourers, a kitchen and a bathroom.
• There are various olive trees and other trees planted on the property and this property is mainly used for
additional parking facilities for Riverside Venue.
• The property is equipped with a strong borehole.
PRICE: R2,055 000-00 (TWO MILLION AND FIFTY-FIVE THOUSAND RAND) including VAT.
Further information available upon request - view strictly by appointment
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