Lourens de Lange
RE/MAX Heritage (St Lucia)
location of Property
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10,500,000 (ZAR)
Guest House For Sale - # 478302
Property Description
5 star hotel on No 1 (500 ha) on photo.
Full sectional title deeds on hotel but will share the 500 ha with 60 sectional title mini 2 to 4 bedroom lodges.
These lodges can also be managed by the hotel owner, depending on the mini lodge owners.
Phinda is a Big 5 Private Game Reserve, www.phinda.com and is going for the top 5% of the traveler and charges between R 3,600 and R 6,500 per night per person sharing in their Dinner, Bed and Breakfast Lodges.
The area needs a hotel that charges ± R 700 to R 1000 p/p Dinner , Bed and Breakfast to capture 50% of travelers and busses.
Can either be a 32 or 64 room hotel or smaller and rooms can be added later.
This hotel will have it all, Chapel for weddings, Conference Facilities, Spas, Restaurant, Fire Pit and Boma, Swimming Pool, Big 5, etc. etc.
Selling the right to build a Hotel, which will be registered as a sectional title property. The owner of the hotel will own the hotel 100% but will have 1 /61th share in the 500 Ha.
The restaurant and spa will also benefit from the 60 sectional title mini lodges that has been approved for this 500 Ha.
There is a main road through Phinda to do game viewing and Mkuzi Big 5 Game Reserve is 4 km away from this property.
Water and electricity on site.
Selling for R 10,500,000 excl Vat.
Property Features
| Property Type |
Guest House |
| Beds |
-- |
| Baths |
-- |
| Garages |
-- |
| Carports |
carports |
| Pool |
-- |
| Staff Accomodation |
-- |
| Building Size |
-- m2 |
| Stand Size |
-- m2 |
Property Costs
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