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This property in Krokodildrift, Brits, offers a rare and exciting investment opportunity with immense potential for development. Here's a breakdown of the features and recommendations:
Property Features:
Size: 2.6 hectares
Location: Prime position along the Krokodilriver and adjacent to the R512 road, making it easily accessible to both locals and passing travelers. Close to shopping centers, fuel stations, schools, and key commercial areas.
Current Structures:
House 1: 4 bedrooms, 2 bathrooms (1 en-suite), lounge, kitchen, dining room, family/tv room, study, laundry, entertainment area with built-in braai, swimming pool, 2 garages, and parking for 2 vehicles.
Flat 1: 3 bedrooms, 1 bathroom, open-plan kitchen, dining, and tv/family room, 1 locked
garage (rental income potential).
Flat 2: 2 bedrooms, 1 bathroom, open-plan kitchen, dining, and tv/family room, 1 locked garage (rental income potential).
Additional Amenities:
Borehole with equipment, 3-phase electricity, electric fencing, security post, 24-hour security, garden, paving, 2 water tanks, workshop, staff quarters, gas geyser, and special lights and doors.
Development Potential:
Tourism andamp; Leisure: The picturesque surroundings and location along the river open up opportunities to develop a holiday destination with chalets, camping facilities, and a boat launch for fishing.
Children's Activities andamp; Services: The area is growing in terms of residential demand. You could consider adding a farm-like activity area for children or a restaurant/café to cater to local families.
Accommodation andamp; Wellness: With the growing demand for accommodation in the area, a guest house, wellness center, or even a rehabilitation center could cater to both local visitors and tourists.
Retail andamp; Commercial Ventures: The prime position next to the R512 road makes the property an ideal site for new businesses such as retail outlets or service providers.
Personal Recommendations:
The property has the potential to transform into a thriving multi-functional space. With the right investment, this property could cater to tourists, growing families, and entrepreneurs looking for a combination of accommodation, leisure, and commercial services.
Investment Appeal:
This property offers both immediate rental income through the flats and long-term growth potential as the surrounding area develops. Given the location, proximity to key areas like Rustenburg and Hartbeespoort, and the potential to serve a variety of commercial needs, it is an excellent investment opportunity for those seeking both short-term returns and long-term financial growth.
With the ideal combination of residential space, amenities, and prime location, this Krokodildrift property is a unique and promising venture for developers and investors. Contact today for more details on how to secure this valuable piece of land and turn it into a profitable investment.
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