Exclusive Business opportunity in Bailliepark

Once in a life time opportunity to become the proud owner of this unique property situated in the vibrant town of Potchefstroom in the North West Province. This 2.1-hectare property is currently utilised as private residence, a profitable quest house together with a horse-riding school. The property is rezoned for township establishment and approval has been obtained to subdivide the property in 21 residential stands, stand sizes from 560 to 1300sqm , which makes property an attractive prospect for development. There is a comprehensive solar system that takes the property 80% off the grid. The property is well maintained with ample water supply from two boreholes and it has the right to extract water from a canal adjacent to the property. The rental income for the secondary house and flat amounts to R 10 500 per month.