R20m reserve on plum property

    R20m reserve on plum property

    A hotel, events venue and conference centre in Benoni, just 15km from OR Tambo International Airport and 11km from Benoni central business district in Gauteng’s burgeoning East Rand will be sold on July 3 through BidX1, South Africa’s on-line property platform.

    The property is only 2.5km north of the urban areas of Benoni, which include Crystal Park, Rynfield and Mayfield, and is within easy reach of Kempton Park, Boksburg and Springs.

    Says Dave Murphy, head of commercial property for BidX1 South Africa: “Comprising a total of 25 694m², the gross lettable area consists of 2 285m² including 17 double bedrooms, all en-suite, a main hotel, office building, amphitheatre, venue hall and kitchen, original dwelling, cottage, swimming pool and pool bar, chapel, store or staff room plus a store room or office, and workshop.

    “The entire property is enclosed with a 4m-high brick wall.

    “This is a high-quality property with a range of venue options, being sold with a reserve price of R20 million, including movables, which represents huge value for the buyer. “In immaculate condition, the majority of the buildings have contemporary finishes and fittings, while the original dwelling has been completely refurbished and renovated.”

    The gardens are designed and landscaped to a high standard, including a man-made lake with filtration system and water jets, swimming pool area with bar and service area for functions held at the ‘Tahiti open beach’ venue.

    The gardens also include lighting, water features and garden furniture.

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