Kora House Equestrian Estate¶

Type

Equestrian Properties for Sale

Suburb

Rondeberg, Blaauwberg/Philadelphia

Country

South Africa

Price

R 7,800,000

PROPERTY INVESTMENT
    
    1.   Property Description
    
Kora House is a 43.5 hectare estate located only half an hour from the centre of Cape Town off the N7.  The existing buildings consist of a 3-bedroom house, a 240 sqm hall, a 2-bedroom house, 2 staff rooms, a stable block ( 6 stables, tack room and pump room) and a single room cottage in the forest.  There are also 2 paddocks and a lunging ring.  The land is a mixture of grazing, mature woodland and fynbos.
    
Kora House borders the Hunters Valley development, which consists of 24 one hectare equestrian properties on Rondeberg Farm, which is also home to the foxhounds of the Cape Hunt and the Old Mutual Cross-Country Course.   Just a few hundred metres down the road from Kora House lies Dageraad Equestrian Village and Zenwau Equestrian.  This places Kora House in the middle of a rapidly developing equestrian hub.

The borehole produces 60 000 L/hour of water suitable for irrigating paddocks and the purification plant produces 10 000 L of drinking water per day.
 
     
    2.  Developments
    
A 4 x 10 hectare subdivision has been submitted to council.
 
An 80cm (Welcome) cross-country course is nearing completion.
   
 
 
    3.  Purchase Options
    
    Option 1:  Purchase of  the entire estate for R 7.8m & VAT
    
    Option 2:  Purchase of a 50% stake in the estate for R 3.9m
    
    

Contact Name

Bernd Stiehler

Contact Email

 korahouse@paarlonline.co.za

Contact No1

0832709302

Province

• WESTERN CAPE