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Commercial River Property For Sale

Location

Located on the prestigious Millionaire's Bend along the Vaal River in Vanderbijlpark, this commercial property offers a prime location with scenic river views and luxurious surroundings. The area is known for its exclusivity and high-end real estate, making it a desirable destination for both business and leisure.

Property Features

1. Current Operations
- Bar and Restaurant: The property is currently operated as a bar and restaurant, serving a variety of beverages and tasty meals. It has a strong local following and a reputation for quality service and ambiance. Well known as a wedding venue.
2. Liquor Licence in place

Approval for potential

3. Games of Skills Club
4. Gymnasium
5. Conference Facilities
6. Overnight Facilities (Guesthouse).
7. Residential Self-Catering Unit x 4
8. Entertainment/Show License
- Events: Licensed to host entertainment shows, live performances, and cultural events.

Business Opportunity
• Company Shares: The business can be acquired by purchasing company shares, either in part or in full, offering flexibility
for potential investors. Company is VAT registered.
• Investment Potential: High revenue potential due to the diverse range of services offered and the prime riverfront location.
The current operation as a bar and restaurant adds an immediate income stream.
Additional Information
• Scenic Location: Positioned on Millionaire's Bend, offering breathtaking views and a tranquil environment.
• Community: Part of an affluent and well-developed neighbourhood in Vanderbijlpark, known for its exclusivity and appeal
to high-net-worth individuals.
• Accessibility: Easily accessible by road, with ample parking facilities for guests and visitors.

This property represents a rare opportunity to own a versatile and well-appointed commercial estate in one of the most sought-after locations along the Vaal River. With its current operation as a bar and restaurant and potential for various other businesses, it offers a significant investment opportunity.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
34,140m²

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

226,710.15

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