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R9,950,000 | 835m² Lodge For Sale in Modimolle

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R9,950,000

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Monthly Levy
R1,877
Monthly Rates
R1,400

Luxury Lodge for sale in Modimolle - High Income generated

Luxury Lodge for sale. (High Income generated)
This property with unlimited possibilities offers you the following:

This exclusive property is situated between Bela-Bela and Modimolle. (Limpopo Province, South Africa). The property is within a 300-hectare Estate on a 2-hectare stand, within the Waterberg Mountain range, easy access to the lodge. This is one of only two registered Lodges in this 300-hectare Estate, it generates an income of R138 000.00 pm thru visitors that only visits the lodge currently on weekends.

Its selling for R9950.000.00 but it will actually cost you only 3 million rand plus transfer cost. The balance of R6950.000.00 financed over 10 years will be R98000.00 p/month at the current interest rate that will be easily covered with the generated Net income of the Lodge of R104000.00 after all the monthly deductions and running cost. That’s calculated on the current figures and bookings, but you can easily increase the income with another R45000.00.

That can give an income of R51000.00 p/month on an investment of 3 million rand, that’s more than double that you will get at any bank.


ESTATE INFORMATION SUMMARY:
The Estate is fully self-maintained and serviced.
In this beautiful established Estate, you can enjoy walking, fishing at the dam, Game and Birdwatching.
The clubhouse and swimming pool are available for Homeowners use.
Game is roaming free between the houses.
The Nyl River flows through the Estate that creates an idyllic atmosphere.
The Estate is near several Golf estates in the area as Koro Creek Euphoria Golf Estates, Zebula Golf Estate & Spa.

THIS PROPERTY CONSISTING OF THREE UNITS COMBINED INTO ONE STRUCTURE:
UNIT 1:
x3 Bedrooms (king-size beds) en-suite.
x1 Shared open plan living room with a big screen TV.
x1 Fully equipped kitchen with pantry.
x1 Open covered deck with built-in braai and solar heated cocktail pool.

UNIT 2:
x2 Bedrooms (king-size beds) en-suite.
x1 Shared open plan living room with a big screen TV.
x1 Fully equipped kitchen with pantry.
x1 Open covered deck with built-in braai and solar heated cocktail pool.

UNIT 3:
x1 Bedroom (king-size bed) en-suite.
x1 Open plan living room with a big screen TV.
x1 Fully equipped kitchen with pantry.
x1 Open covered deck with built-in braai and solar heated cocktail pool.

UNIT 4:
*Opportunity on the table
x1 Bedroom.
x1 Open plan living room with own Kitchen.
x1 Bathroom.

The property/units are defined by its open plan modern layouts and abundant use of space.
The floor-to-ceiling windows doors guarantee seamless views over cliffs and hills and invite the outside indoors and afford access to covered patios with spectacular views overlooking the Mountain range.
The easy indoor/outdoor flow of the covered patio spaces for dining indoors and outdoors provides relaxation to the cocktail pools.
This exceptional property exhibits the finest country-style living with the highest quality of finishes.

EXTRA BUILDINGS ON THIS PROPERTY:
Supervisor Apartment: 110 square meters.
Staff Apartments: 60 square meters
Laundry room
Lockable Garage: 60 square meters.

✔✔
EXTRA TO SWEETEN THE DEAL:
All furniture, electrical/gas utilities, televisions are included in the price. (Fully equipped)

Call us NOW to arrange your private viewing!!

Features

0
Zoning
Mixed Use
Title
Sectional
Exterior
Security
No
Sizes
Floor Size
835m²
Land Size
2Ha
Extras Air Conditioner; Balcony; Built In Braai; Electric Fencing; Fireplace
1
Disclaimer:  While every effort will be made to ensure that the information contained within the BRITE-X Property Group website is accurate and up to date, BRITE-X Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.