Spanning a sprawling 11.4 hectares, this exceptional property is more than just a filling station – it's a thriving enterprise ready for your ownership. From tanks and pumps to a fully-fitted tyre shop and Truckstop, every aspect of this operation is primed for success. With a loyal client base and a well-stocked shop, the foundation for prosperity is firmly in place.
But that's just the beginning. Nestled within this expansive property is a charming 3-bedroom home, three cozy chalets, and an entertainment "Lapa" area with a refreshing swimming pool. Plus, with approximately 7 hectares of unutilized land included in the selling price, the potential for expansion and further development is limitless.
As an investor, this will give you a return on Capital of 15,07%.
Here's what sets us apart:
Solar System and Generator: Ensuring uninterrupted operations even during Eskom outages.
Forecourt:
Offering 50ppm Diesel, 10ppm Diesel, 95 ULP, and 93 ULP with 3 X 6 house pumps.
Ample Parking and Shopfront:
Convenience and rental opportunities abound with spacious parking and open shopfront space.
Truck Stop: Providing truckers with essential 50ppm diesel, ample parking, hot showers, and a well-stocked shop.
Clean Toilets and Showers: Sparkling facilities with turnstile gate for additional income.
24/7 Fully Stocked Shop: Catering to every need with convenience around the clock.
Kitchen:
Known for the best takeaways and perfect coffee, plus outside seating for a relaxing experience.
Tyre Shop:
Fully equipped and currently used as a store room.
House:
A modern 3-bedroom home or guesthouse, complete with solar power, central cooling, and updated kitchen.
Off-Grid/Hybrid Solar System:
Embracing sustainability with cutting-edge energy solutions.
Chalets and Entertainment:
Three fully equipped chalets, swimming pool, and entertainment area for additional income and guest enjoyment.
Development opportunity:
The 7 hectares of unused land at the Fuel Station in Warrenton offer a prime opportunity for development into a secure residential complex that caters to the growing housing demand in the area. The vision is to create a modern and attractive security complex with 72 residential plots ranging in size from 500m2 to 1000m2+, offering a range of living options for potential homeowners.
Key Features of the Development:
Total Plot Area
48,891.08 m2 dedicated to residential plots, providing ample space for homes with private gardens.
Green Spaces
A total of 4620.89 m2 of green areas, including a large central park area of 3131 m2. This green area can be developed into a recreational hub with a playground, swimming pool, outdoor gym, and more to enhance community living.
Housing Demand
There is a notable shortage of available housing in nearby towns such as Warrenton, Jan Kempdorp, Windsorton, and Hartswater. This project would address this gap and attract buyers looking for secure, modern living.
Overnight Accommodation
In addition to the residential complex, the development can include overnight housing units with controlled access from the same road off the N12. This will attract visitors or travelers seeking secure overnight stays, bringing in additional income.
Economic Impact:
Security and Controlled Access
A single guardhouse would manage the entrance, ensuring safety and peace of mind for residents and guests alike.
Boosting the Local Business
The influx of residents will naturally increase foot traffic to the on-site store, which may need to expand to meet growing demands. There's also an opportunity to transform the existing museum space into a coffee shop, creating a local gathering point for residents and visitors alike.
Financial Breakdown:
Potential Sales Revenue
Selling the plots at a highly competitive price of R500 per m2 would bring in R24,445,540.00.
Development Costs
While infrastructure costs for roads and utilities will require investment, a conservative estimate suggests that after expenses, there could still be a net profit of approximately R16 million. This represents a strong financial gain for the project.
Additional Opportunities:
Plot-and-Plan Sales
Offering plot-and-plan packages would attract buyers looking for turnkey homes, and the profit margins on these sales could double the returns.
This development not only addresses the housing shortage in the region but also creates a thriving community hub while delivering solid financial returns. The potential for long-term success and sustainability is clear, making this an ideal development opportunity.
