SIC Code: 70110300 HOTELS
Country of Origin: South Africa |
Target Areas: Worldwide
Affectionately known as the ‘Grand Old Dame of the North’, this famous hotel and country estate is steeped in tradition and history. The Hotel and Spa is a internationally recognised property that has won more than its share of prestigious awards and accolades, including ‘Best Luxury Hotel in South Africa" This property is set on a spacious 65 Acre estate that features manicured gardens, macadamia nut plantation, kiwi fruit plantation, natural streams with beautiful dam.
Asking Price: ZAR 6,100,000
Revenue Multiple : 0.00
The Hotel and Spa occupies only a small section of the expansive 65 acre estate. The estate features pathways, gentle slopes, valleys, natural forest, streams, macadamia plantation, kiwi fruit plantations and a small yet beautiful lake. The property has the balance of sunshine with a southerly aspect, the estate enjoys the perfect orientation for agriculture, perfect plantations and for a real estate development, ensuring the perfect balance of sunshine warmth and light. Natural slopes with gradual inclines create the perfect opportunity for developers looking to maximise return on investment (R.O.I.) by offering more high value sites and stand locations. The property is ideally positioned for investors taking advantage of the weaker Rand to Forex exchange rates and would be the ideal owner/ investor project for those that are looking for a sound investment with the added and perhaps more importantly - attractive lifestyle element.
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