R9,900,000

7 bedroom small holding for sale in Victoria Bay

DUAL MANDATE

This VAT registered Life Style & Equestrian property is tucked away in the high demand Kraaibosch / Victoria Bay area of George, in the Garden Route Region of South Africa, & to fully appreciate the offering, it must be viewed.

The property is a going concern, & is located within close proximity to the N2, the George Airport , International Golf Courses, Schools, and is a mere 2km to the Garden Route shopping mall

This functional & versatile facility has been set up and maintained for the purpose of safely training both riders and horses, and encompasses, paddocks, a dressage arena, a lunging ring, feed rooms, stables, a tack room, importantly a consistent water supply, and so much more.

The property boasts a gorgeous home with a guest cottage and beautiful views overlooking a garden & a small rain filled dam that holds approximately 1 million liters of water, The property is access controlled, and is fully enclosed by electrified fencing.

OTHER INFORMATION:

A detailed asset list of farm & equestrian items for sale is available on request

The property is in a Close Corporation that is Vat Registered - this can be purchased from the seller.

Rental Income of approximately R40k per month comes from:

The Tack Shop can be bought separately for R500k plus stock, or it can be rented to the current tenant for R8000.00 per month.

A tropical fish shop is a second tenant paying R8000 per month.

The two bedroom cottage pays R7000 per month

Stables and Riding School pays R8000 per month

Office block R9000 per month (to be rented)

A walk in cold room (to be rented)

Viewings by appointment only

Property Type
Small Holding
Bedrooms
7
Bathrooms
5
Stand Size
3ha
Study
1
Garages
2
Rates & Taxes
R6,000
Pool
Yes
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small holding listed on 20 Oct 2020