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R 8 990 000
Commercial Property for Sale in Patryshoek AH
Pretoria, Patryshoek AH
Commercial Property for Sale in Patryshoek AH
Pretoria, Patryshoek AH
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This fully operational wedding venue is situated just north of Pretoria, nestled at the base of the beautiful Magaliesberg Mountains.
Available for R7,490,000.00, this sectional title property comes with transfer duties based on the purchase price. However, if acquired as a going concern, the buyer may qualify to reclaim VAT on the property’s value.
The sale includes movable assets valued at approximately R1,500,000.00, bringing the total sale price to R8,990,000.00, which covers all movable assets and goodwill.
The venue hosts a wide range of events, including weddings, corporate functions, workshops, training sessions, and birthday parties, with capacity for up to 250 guests. The function hall, surrounded by lush gardens, offers a picturesque setting for photography.
Key property features include:
- A main residence with a granny flat (275 sqm), ideal for an on-site manager.
- A 155 sqm chapel, a 640 sqm function hall, and an 80 sqm honeymoon suite.
- Additional outbuildings totaling 455 sqm, which could potentially be converted into cottages with approval from local authorities.
The property spans 18,215 square meters, with a total of 1,605 square meters in structural improvements.
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