Web Ref MRL789
R11,500,000
Monthly Bond Repayment R120,664.44
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R8,878.95
R8,878.95
Stunning Upmarket Guest Lodge,Conference/Function Venue with Residential 3 rezoning approval
An Exclusive Guest lodge were International Standards meets African Beauty and Class. This Upmarket Establishment with Conference and Function area has been fully operational since 1997 and consists of 19 Bedrooms ,21 Bathrooms,7 Kitchens,3 Dining Areas,1 Large Lounge,1 Laundromat, Staff Accommodation and 51 Parking Bays. Perfectly located within the Business Hub of Midrand and within 1km from the Mall of Africa. The entire Establishment comprises of 1 face brick, under thatch Main House, 4 separate semi-face brick garden cottages, a New 120 seater Conference Hall/Auditorium, a Thatched Gazebo over a Teak Deck with built-in braai/catering/entertainment facilities and Snooker table with a large swimming pool. The main grounds and gardens are extremely well established and impeccably well maintained and manicured surrounded by towering indigenous trees and a 90m2 pond that is complimented by an onsite Borehole. The lodge is supported by solar panels and generators during outages.
To further enhance the value and to attract the attention of Residential Property Developers, this Establishment was approved for Rezoning to Residential 3 status on 10 May 2021 and permitted to erect 55 units with Bulk Electrical and Water services also being approved. A Traffic Impact report has also been compiled and approved.
To further enhance the value and to attract the attention of Residential Property Developers, this Establishment was approved for Rezoning to Residential 3 status on 10 May 2021 and permitted to erect 55 units with Bulk Electrical and Water services also being approved. A Traffic Impact report has also been compiled and approved.
Features
Pets Allowed
Yes
Interior
Bedrooms
19
Bathrooms
22
Kitchen
7
Reception Rooms
4
Furnished
No
Exterior
Security
Yes
Parkings
51
Domestic Accomm.
1
Pool
Yes
Sizes
Land Size
9,185m²
