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Property With Old Age Home For Sale

Mogale City, Gauteng, South Africa
Asking Price:
R18,000,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

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

Property Information

Real Estate:

Real Property Included


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:


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

Not applicable
Years established:

Other Information

Support & training:


Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value: