5m² Farm For Sale in Marlbank
R5,500,000
Monthly Bond Repayment R59,603.89
Calculated over 20 years at 11.75% with no deposit.
Web Ref No DPR10466
Direct riverfront property at low investment
Already set-up for a possible wedding venue or general events venue. Not currently operating. The large banqueting hall measures more than 350 square meters, has kitchen and ablution facilities plus an entertainment hall on the riverfront. Lots of safe, off-street parking behind high wall. Easy access. PLUS a large five bedroom home with four bathrooms. High perimeter walls. Seller VAT registered. Add VAT. Serious Seller.
This property, at this low price for a river property, lends itself to potential of renovation and further development. Together with office potential area and large walled area, ideal for business operation, warehouse etc. Beautiful waterfront. Secure, Safe property, direct on the banks of a River. Lots of watersport, boating and even boat cruises available close by, every day!! Fully walled/enclosed property.
The value you get for this investment on the River is unbeatable. The improvements include a large home with 5 bedrooms, 4 bathrooms, 3 reception rooms, 7 garages, carports, pool, etc. Plus a large Flat or office with two 'rooms' and two bathrooms plus kitchen nook.
As for river properties, this is an ideal home and possible income earning property, offering good value for future improvement and development. Seller VAT registered. Add VAT. Serious Seller.