ON AUCTION – Guide Price R17 Million to R25 Million. Contact Agent for Auction Details.
Description listed below:
Total Property Size 40’7966 Ha
Large 7 Ha Dam with 3 Equipped Boreholes
Main dwelling
House
Office
Guesthouse
Function Venue
Jacuzzi
Swimming Pool
2 x Koi Ponds
Squash court / Shower Facilities / Storeroom
11 Split Air conditioners
Lapa
Garages (Lower ground)
Carports
Additional houses
House 2
House 3
House 4
Garages
Warehouses
Commercial Warehouse 1 (permitted)
Commercial Warehouse 2 (permitted)
Warehouse 3/store
Outbuildings
Squash court/stores/bathroom
8 Horse Stable
Staff accommodation/cottages
Building 1 (2 cottages)
Cottage 2
Cottage 3
Agricultural Land - The area of land not occupied by
income-generating improvements is estimated at 36 ha of vacant land.
The description listed below:
Only once in a Lifetime does a Property of this magnitude become available! Situated at the foot of the Longtom Pass in Mpumalanga is Lydenburg & 6km outside town on the Dullstroom Road (R540) next to the main road, you’ll find the most gorgeous property in a safe & tranquil atmosphere.
It consists of the main dwelling with 5 garages which includes an 8-bedroom guest house (4 self-catering units) with a dining room & function venue, 2 x additional 4-bedroom residential dwellings, 1 x 2-bedroom residential dwelling, 2 x 1- bedroom flats, a squash court, offices with 8 carports, outbuildings, an 8-horse stable and 3 warehouses of which 2 is business permitted.
The main dwelling has a fantastic entertainment area consisting of a lapa, a large swimming pool & jacuzzi. The main dwelling is surrounded by magnificent gardens & a 3-level Koi Pond with water features. The main dwelling is secured with security beams, a full alarm system & all the dwellings & warehouses are secured with a 1.3km electrical security fence. The total size of the property is 40.8Ha of which ±7Ha is a soil dam that is partially within the borders of the property. The development & income generating potential of this property is enormous. Based on the current housing & warehousing situation, the income-generating potential is that of the leasing of 5 residential dwellings (3 houses & 2 flats) as well as 3714m² of warehousing with a guaranteed 2year lease on the warehouses from the current owner (in total ± R130,000 per month).
Further to this the following important aspects must be considered regarding the development of the property to increase the income:
• A minimum of 20 ha can be used for Agriculture activities (climate ideal for Pecan Nut trees) with irrigation possibility out of the soil dam which in time can enormously increase the value of the property or this portion of land can easily be developed into 1ha smallholdings.
• The area next to the dam is perfect for the development of accommodation, a restaurant, a wedding venue and a conference facility. There is currently a day visitor’s resort with 10 fishing spots for Black Bass & Karp as well as a picnic area. There are also trout farms as close as 20 kms from this property.
• A part of the main dwelling has been developed into an 8- bedroom guesthouse (4 of these self-catering units) with a fully furnished/equipped dining room & 100m² function venue as well as an entertainment area next to the swimming pool.
• A landing strip is also found 3.5km from the property which gives easy access to small aircraft.
• The property is situated next to the R540 which is one of the main routes to the world-renowned Kruger National Park and therefore, the quest for tourist accommodation in & around Lydenburg is growing rapidly by the day, which makes this property perfectly suitable.
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