This long-established old age home has 21 cottages and rooms varying in size from 42 m² to 570 m² and offers outstanding frail care facilities. The home is approximately 2,752 m² under roof and a layout of the home and its facilities is provided at Section 3 below.
The property on which the home is located measures 12,852 hectares of which the home itself occupies approximately 3.64 hectares – plenty of space to enjoy this picturesque and tranquil part of Muldersdrift, Gauteng where the aged are cared for in a loving and secure environment.
In addition to the above some the seller has sub-divided 7.56 hectares into 7 plots all with river frontage
- Asking Price:
- R18,000,000 Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Rietfontein, Mogale City
- Premises Details:
-
The accommodation offered caters for elderly couples and singles in a variety of comfortable and suitable options.
- Size in square feet:
- 12.84 hectares
- Planning Consent:
-
Yes
Business Operation
- Expansion Potential:
-
Yes - plenty of open space
- Competition / Market:
-
None in the area
- Reasons for selling:
-
The owners are 72 and 62 respectively and would like to formally retire
- Trading hours:
-
Not applicable
- Employees:
- Not applicable
- Years established:
- 1972
Other Information
- Support & training:
-
Yes
- Furniture / Fixtures value:
- R1,000,000 - included in the asking price
- Inventory / Stock value:
- R250,000
