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R130,000,000

Ptn 77 of Farm 417 De Wagendrift

941m² Retail For Sale in De Wagensdrift Ah, Cullinan Rural

This extremely lucrative investment opportunity for both local and from foreign investors.

THIS PRICE IS VAT EXCLUSIVE.

The shopping complex, filling stations and other properties on offer, are situated on both sides of the busy Moloto Road.
This route (R573) is frequented by thousands of busses, taxis and private vehicles on a daily basis.

The customer base of this large, well-planned shopping complex is further enhanced by having the filling stations on both sides of the Moloto Road that attract the vehicles travelling in both directions.
The OK Supermarket, OK Liquor outlet and large hardware/general dealer store cater for the vast shopping needs of the many passers-by and the local community, alike.

The four properties on offer are a total of 941.295 hectares, are recorded on four different title deeds and are to be sold simultaneously. Three of the four properties are registered for VAT.

• Property 1: (fully fenced) – on the northern side of the Moloto Road
16.3838 hectare (Zoned – Mixed Use)
• OK Supermarket (OK franchise).

Value of stock to be determined at relevant time before the transfer of ownership.

Included in sale is display fridge, diesel baking oven (x1), bun divider (x1), bread molder (x1), steel tables (x4), tills and Casaguard (x5), checkout counters (x7), safe (x1), pallet jack (x1), chips fryer (x1), conventional oven (x1), microwave oven (x1), mixer (x1), band saw (x1), tenderizer (x1), 30 shopping trolleys, 40 shopping baskets and shop shelving.

• OK Liquor Store (OK franchise).

Value of stock is to be determined at the relevant time.

Shop shelving included in sale.

• Very large and well stocked hardware/general dealer store that opens up onto the parking area in front of OK Supermarket and filling
stations. Value of the stock to be determined just before transfer of ownership.
• Five Bedroom flat with, 2 en-suite bedrooms & 3 other bedrooms, 2 further bathrooms, large entertainment area, open plan kitchen,
lounge and dining room and lovely enclosed garden with pool.
• Two bedroom flat with bathroom, open plan lounge, dining room and kitchen.
• Chapel/Wedding venue (377m2) & adjacent reception hall (377m2).
• 4 Additional shops
• Restaurant (upstairs and downstairs).
• Open plan offices (second floor).
• Guard tower that is manned 24 hours per day. Occupied by a security company who have their office in the tower and survey the
vicinity from there.
• Large secure and paved parking area that serves all the businesses.
• Two large storerooms adjacent to abattoir.
• Equipped and operational borehole that supplies water to the complex.
• Eskom power.
• Abattoir (has electrical saw and electrical crane for hoisting meat). Seller obtained the rights for the abattoir (certificate available).
New owner to apply for the permit to proceed with the operations from Health Inspector, once the facility has been upgraded.
Currently not in use.
• Filling stations (not branded).

The original (old) filling station is currently still operational, but will be decommissioned once the newly built filling station becomes
operational.

The old filling station has the following storage capacity:
• Diesel (x1) – 14 000 liters
• 95 Octane (x2) – 23 000 liters
• 93 Octane (x1) – 23 000 liters

The new filling station has the following storage capacity:
• Diesel (x1) – 46 000 liters
• 95 Octane (x1) – 46 000 liters
• 93 Octane (x1) – 46 000 liters
• Property 2: (fully fenced) – on southern side of the Moloto Road

29.9842 hectare (Zoned – Mixed Use).
• Filling station (not branded). Open 24 hours a day.

The filling station has the following storage capacity:
• Diesel (x2) – 23 000 liters
• 95 Octane (x2) – 23 000 liters
• 93 Octane (x2) – 23 000 liters
• Paraffin (x1) – 9 000 liters

• Kiosk at filling station is open 24 hours a day.
• 9 shops.
• Three factories.
• Two storage facilities.
• Two large units for large scale holding and sale of chickens.
• One stand for the display and sale of second hand cars right next to the Moloto Road.
• One large workshop behind the filling station.
• Old school building (not in use).
• Old clinic building (not in use).

A new modern clinic has been built on the adjacent property belonging to by Tshwane Municipality.
The influx of patients to the clinic and visitors to this municipal clinic further attribute to the number of customers that frequent the shopping complex on offer.
• Twenty rooms (adjacent to school and clinic) that can be let to staff or other tenants.
• Property 3: (fully fenced)

514.1395 hectare (Zoned – Agricultural).
• This farm borders the perennial Elands River.
• Two equipped boreholes and a very powerful perennial spring that feeds into a dam on the property.
• Irrigation rights from Elands River to irrigate 30 hectares of lands.
• Three bedroom farmhouse with outbuildings.
• Free roaming game on property: approximately 40 kudu, 40 blesbuck, 20 impala and 2 waterbuck.
• Ideal property for the development of large housing complexes due to the proximity to both the Moloto- and Cullinan roads.
• Lush grazing for cattle, sheep and goats on the veld or in feedlots to supply own abattoir next to shopping complex.
• Currently let on a month by month basis – with a three months’ notice period either way.
• Property 4: (fully fenced)

380.7875 hectare (Zoned – Agricultural).
• This farm borders the perennial Elands River and the Moloto Road.
• Ideal property for the development of large housing complexes due to the proximity to both the Moloto- and Cullinan roads.
• Lush grazing for cattle, sheep and goats on the veld or in feedlots to supply own abattoir next to shopping complex.
• Two unequipped boreholes.

Contact agent to secure an exclusive appointment.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
941m²
Land Size
941Ha
 
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

1,809,196.31

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