- NO TRANSFER DUTY
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R 22 000 000
Commercial Property for Sale in Rosetta
Kargs Cove 64 Kamberg Road, Rosetta, Nottingham Road
Commercial Property for Sale in Rosetta
Kargs Cove 64 Kamberg Road, Rosetta, Nottingham Road
17
12
Erf Size:
20 m²
A Piexe of Heaven.
EXCLUSIVE SOLE MANDATE: As this property is already being used as an income generator with 6 long term rental homes, the property could be sold as a zero Vat rated property to a Vat registered Purchaser. The price excludes VAT.
As there are 6 homes already, this property lends itself to a syndication of 6 families buying a share for R4,600,000 each. It is in the heart of the Midlands Meander, a great area for hiking and the trout fisher man's paradise. It is also close to all the excellent schools in the Nottingham Road area, like Clifton , Michaelhouse, etc.
The picturesque setting on the Spring Grove dam could make it an ideal site for a hotel or guest house, and one will search a long way to find a more perfect wedding venue.
The six existing homes range from 2 to 4 bedrooms and they are all in good condition. They are presently being rented out on a long term basis , with a 3 months notice period, but they could just as easily be rented on an air b&b basis.There are also footprints to build another 3 cottages..
The pictures and the video give visual proof of the spectacular dam views. Kargs Cove is only 6 kilometers from Rosetta and 12 kilometers from Nottingham Road on a tar road. The property is surrounded by farms in a safe and secure environment. The Nottingham Road area has been voted the second most popular rural area in the country
There are also excellent Kikuyu pastures for horses or other livestock and the property is already divided into diffirent grazing camps.
Property Overview
Listing Number
117167523
Type of Property
Commercial Property
Street Address
Kargs Cove
64 Kamberg Road, Rosetta
Description
Smallholding
Lifestyle
Complex, Country Living, Waterfront, Shared Living
Gross Price
R 22 000 000
Net Price
R 20 000 000
Erf Size
20 m²
No Transfer Duty
Yes
Zoning
Rural
Facilities
Bedroom
17
Bedroom 1
Built-in Cupboards, Walk-in-closet, Double Bedroom, King Bedroom, Queen Bedroom, Single Bedroom
Bathrooms
12, In unit bathrooms
Kitchens
6, Sink
Building
Building Name
Kargs Cove
Green Building
No
Multi Tenanted
Yes
Style
Traditional
Facing
Water, Level Road, Green Belt
Roof
Iron
Wall
Plaster
Window
Aluminium
Standalone Building
Yes
Number of floors
1
Solar
Solar Panels, Solar Geyser
Backup Water
Borehole, Water Tank
Other Features
Security
1
Security 1
Totally Fenced, Electric Gate, Security Gate
Temperature Control
1
Temperature Control 1
Fireplace
Nearby Public Transport
Minibus Taxi
Wheelchair Accessible
Yes
Generator
Yes
Backup Water
Yes
Video Tour
Transport and Public Services
Nottingham Brewery
9.94km
Contact Agent
Show Contact Number
Agency
Agents
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