INVESTOR OPPORTUNITY!! BEAUTIFUL PIECE OF COMMERCIALLY ZONED LAND GOING UP THE MAGALIESBERG MOUNTAIN
R6 500 000
location in South Africa province North West, Hartbeespoort
R6 500 000
Ad ID 492019
INVESTOR OPPORTUNITY!! Approval for Wedding venue, Spa, restaurant and lodges. With the entrance off the main dam road, this property measures 44 hectares and reaches all the way to the top of the Magaliesberg Mountain range. With magnificent views of the dam and the surrounding nature reserves, this property is a gem. 2000 m2 of the property is zoned for a guest house with 8 luxury units, a restaurant and a day spa. Buidling plans for this were approved in 2006 and the developers started with the landscaping and the construction of several ponds, pools, islands and water features built with the indigenous rock, found in abundance on this property. The entrance is off the main road directly opposite the Magaliesberg Golf and Leisure Club and has a paved driveway leading up the the plateau where the spa was to be erected. The property has eskom power and access to municipal water as well as bore hole water. It also has a registered traversal right to a portion of the adjacent property, The famous Red Ivory Wedding venue. The neighbouring farms share the roaming game which includes zebra, wildebeest, kudu, impala and bushbuck, to name a few. They have 130 hectares of free roaming area. This property is ideal for a tourist retreat, fine dining venue, heath spa or a rehabilitation centre. The property is also suitable for a family dwelling, secure between 2 farms. There are no land claims.