Function Venue + Development Opportunity In 1000 Hill's - On Auction 20 February 2025
ON AUCTION - 20 FEBRUARY 2025
Auction Alert: Amanguni Hills Function Venue & Prime Development Opportunity!
An incredible investment opportunity awaits at Amanguni Hills, a stunning venue with panoramic views overlooking the 1000 Hills. Nestled on the edge of Phezulu Safari Park, this expansive property boasts a combined erf extent of 80,768sqm, offering both a thriving event venue and massive development potential.
Key Features:
-Erf size: 80,768sqm
-Stunning location: Situated on the border of Phezulu Safari Park, the property offers unrivaled views of the 1000 Hills, providing a serene and picturesque backdrop for any development.
-Function Venue: The popular Amanguni Hills venue is fully operational, hosting events every week and bringing in steady revenue.
-Current lease: Tenant in place paying R50,000 per month, plus utilities.
-Development potential: With such a large plot and incredible views, this property offers endless possibilities for development, from residential estates to tourism-based projects or commercial ventures.
Investment Potential:
The property’s location, alongside its thriving event venue and vast size, makes it perfect for future expansion and high-return developments. With its prime positioning near Phezulu Safari Park and demand for space in the area, this site is an outstanding opportunity for developers and investors alike.
Auction Alert: Amanguni Hills Function Venue & Prime Development Opportunity!
An incredible investment opportunity awaits at Amanguni Hills, a stunning venue with panoramic views overlooking the 1000 Hills. Nestled on the edge of Phezulu Safari Park, this expansive property boasts a combined erf extent of 80,768sqm, offering both a thriving event venue and massive development potential.
Key Features:
-Erf size: 80,768sqm
-Stunning location: Situated on the border of Phezulu Safari Park, the property offers unrivaled views of the 1000 Hills, providing a serene and picturesque backdrop for any development.
-Function Venue: The popular Amanguni Hills venue is fully operational, hosting events every week and bringing in steady revenue.
-Current lease: Tenant in place paying R50,000 per month, plus utilities.
-Development potential: With such a large plot and incredible views, this property offers endless possibilities for development, from residential estates to tourism-based projects or commercial ventures.
Investment Potential:
The property’s location, alongside its thriving event venue and vast size, makes it perfect for future expansion and high-return developments. With its prime positioning near Phezulu Safari Park and demand for space in the area, this site is an outstanding opportunity for developers and investors alike.
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
300m²
Land Size
80,786m²