Confirmation: Subject to confirmation

Please note: This lot has 3 properties belonging to two Legal Entities in Liquidation. The highest bid on this lot will be split 25% for Lot 1 and 75% between Lots 2 & 3. The highest bidder will sign two different Offers to Purchase, split as above.

LOT 1: Portion 266 of Farm Zwavelpoort 373

Total Extent: ± 9 703 m²

Buildings: ± 2 084 m²

Improvements:

1. 2 x Restaurants & Function venue
2. Salon space ± 112m²
3. Management Office ± 87m² & storage containers ± 141m²
4. Chapel used for Weddings, funerals etc. ± 117m² 
5. 7 x Residential Units & 7 rooms

Income potential: ± R721,248 p/a

LOT 2: Portion 889 of Farm Zwavelpoort 373

Total Extent: ± 40 000 m²

Buildings: ± 4 154 m²

Improvements:

1. Restaurant ± 2 114m²
2. Entertainment Venue ± 1 600m²
3. Kiddies Party Venue with petting Zoo ± 2 710m²
4. Greenhouse
5. Parking of ± 16 500m²

Income potential: ± R2,235,840 p/a

LOT 3: Plot 41 of Farm Zwavelpoort 373

Total Extent: ± 20 306 m²

Buildings: ± 1 470 m²

Improvements:

1. 4 x Residential Units & 2 Rooms
2. Storage Units
3. Aeroplane Hanger/Storage

Income potential: ± R631,572 p/a