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R6,500,000

2 x wedding venues & 1 riverfront property for sale.

I am excited to introduce this extraordinary investment opportunity nestled just 10 kilometers outside Parys, on the route to Fochville. This prestigious commercial property, spanning 62.5 hectares and registered under a company, presents an exceptional chance for savvy investors seeking a lucrative venture without any transfer costs—only a seamless transfer of shares is required.

Comprising three distinct portions, each boasting its own unique features and potential, this property is truly a gem:

Portion 1:
Spanning an estimated 32 hectares, Portion 1 features a charming farmhouse with three en-suite bedrooms, a kitchen, lounge, fireplace, braai area, and two garages, providing comfortable living quarters or potential accommodation for guests.
Additionally, "The Doors," a fully licensed restaurant/venue spanning 672 square meters, offers seating for up to 180 guests both indoors and outdoors. Complete with a well-equipped kitchen featuring a walk-in cold room and backup generator, along with amenities such as a bar, fireplace, and coal stove, this venue is primed for hosting weddings, conferences, and other events with ease.

Portion 2:
Encompassing approximately 8.5 hectares, Portion 2 boasts a picturesque chapel covering 360 square meters, adorned with four elegant chandeliers, making it the ideal setting for romantic ceremonies.
Adjacent to the chapel is a reception venue spanning 840 square meters, complete with essential facilities including a fully equipped kitchen, two cold rooms, a bar, and ample storage space. With a 50 KVA generator and an Eskom line rated at 50 KVA, uninterrupted power supply is guaranteed, ensuring seamless events every time.

Portion 3:
Spanning an estimated 22 hectares, Portion 3 offers a breathtaking riverfront property with 150 meters of river frontage, providing a serene and picturesque backdrop for events and leisure activities alike.
With ample space for accommodation development catering to guests attending events at the wedding venues, along with grazing land for cattle and game fencing ensuring security, this portion presents endless possibilities for expansion and enhancement.

Moreover, everything needed to host weddings, conferences, and restaurant services is included in the selling price, making this investment opportunity even more enticing.

Don't miss out on the chance to invest with confidence in this premier property. Contact us today to schedule a viewing and discover the endless possibilities awaiting you at this exceptional commercial estate.

Features

0
0
Zoning:
Mixed Use
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
630,000m²
Land Size
63Ha

Parys, Parys

Background and Historical Information of the Area Parys is a small town located in the Northern parts of the Free State. This town was found in 1876 by a German Surveyor by the name of Schilbach and its name 'Parys' was claimed by him. Parys is an Afrikaans name that translates to 'Paris'. It is said that the Vaal River reminded him of Paris on River Seine and that is how he came up with the name 'Parys'. What...
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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:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

90,459.82

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