House for sale in Hatfield

Exclusive Mandate

Prospective buyers have two primary acquisition routes: 1. Property Development, or 2. Buying the gentlemen’s club as a lucrative ‘going concern’.

Hatfield Property Development encompasses four strategically located properties in Hatfield. Combined, these properties form a sizable development site of approximately 4600 square meters, presenting a unique opportunity for a significant development project. Hatfield is known for its prime positioning, making it a desirable area for development. The strategic location enhances the value of this consolidated site, offering excellent potential for various development projects. Discussions with the Town Planning Department of Tshwane, have revealed promising possibilities for this site:

• Height: Up to 8 storeys
• Coverage: 60%
• Floor Space Ratio (FSR): 1.6 or higher, depending on the development proposal.

These parameters allow for considerable flexibility and potential for high-density development, which is highly advantageous in an area like Hatfield. It’s also ideal for the automotive industry!

Although the four properties are registered under different trusts, control is unified under the originator Trustee. This centralized control simplifies the acquisition process and ensures coherent management and decision-making.

Acquisition Options

Prospective buyers have two primary acquisition routes:

1.Trust Takeover: The trusts owning the properties can be taken over, as they hold no liabilities. This option provides a straightforward path to ownership.

2.Going Concern Purchase: The properties can be acquired by purchasing the gentlemen’s club as a "going concern." This method offers additional benefits and potentially simplifies the transaction process. Moreover, this can be sold as a 'going concern' Return On Investment business buy.

The property is currently operating as a lucrative business with amazing, dedicated staff. Key features include:

• Apartments: Two apartments on the property where the managers reside.
• Security: 36 security cameras ensuring comprehensive coverage and safety.
• Water Supply: A working borehole with a filtering system, ensuring a reliable water supply, currently running 7 jacuzzis almost 24/7
• Power Supply: The property is located in a no load-shedding zone, and it also has a massive generator for additional security against power outages.

The Hatfield Property Development presents a remarkable opportunity for developers seeking a prime location with substantial development potential. With the possibility of constructing up to 8 storeys and flexible acquisition options, this site is poised to attract considerable interest. The unified control under the owner ensures a smooth and efficient transaction process. Whether you choose to take over the trusts or purchase as a going concern, this development promises a lucrative investment in one of Hatfield's most sought-after areas. The existing lucrative business, dedicated staff, excellent amenities, and robust infrastructure make this an exceptional investment opportunity.