R2,495,000 | 28,814m² Smallholding For Sale in Kromdraai AH

This expansive 2.8-hectare property, ideally located on Kromdraai Road in Protea Ridge, presents a rare and versatile investment opportunity with multiple income-generating possibilities. An application has already been submitted to operate the property as an Airbnb. In addition, the property benefits from a liquor license and includes the venue/barn, which is well suited for hosting weddings, private functions, and events, with the potential to be converted into a restaurant or hospitality destination.

The main residence consists of five bedrooms and four bathrooms, offering generous living spaces throughout. It features a massive open-plan lounge and dining area, as well as a spacious and functional kitchen. The home is structurally sound but requires significant renovation to bring it up to the standard a purchaser may desire. There are four garages and ample additional space for vehicle parking.

At the rear of the property is a two-bedroom cottage with its own kitchen and lounge area. This dwelling also requires refurbishment and presents an excellent opportunity for guest accommodation, rental income, or staff housing. In total, there are four separate dwellings on the property, all of which need varying levels of attention and upgrading.

The wedding and function venue offers a large open-plan hall of approximately 200 square metres, complemented by a loft area of approximately 80 square metres. The venue is connected to a kitchen and bar area, as well as a reception and welcoming room measuring approximately 100 square metres. Due to the property having been vacant for an extended period, sections of the roof have been partially removed and will need to be refitted.

Additional features include three boreholes on the property, one of which is fully serviced, while the remaining two are not. There is also a wine cellar or storage area that could be used as a hideaway or panic room, two gardener’s rooms, and a large expanse of open land with further development potential. Electricity is supplied at 220V.

This property offers exceptional potential for investors, developers, or lifestyle buyers looking to create a destination Airbnb, wedding venue, restaurant, or mixed-use hospitality retreat. While renovations are required, the size of the land, existing infrastructure, and licensing make this a compelling opportunity with significant upside.