Cape Town’s growing popularity boosts demand for properties with conference facilities
News > news - 28 Nov 2005

Cape Town is rapidly becoming one of ‘the’ conference destinations internationally and those able to get their hands on conference hosting facilities are finding business very lucrative.

 

Andrea Hanson of Sotheby’s International Realty, operated by Lew Geffen says, “Cape Town’s growing profile as a very attractive conference destination along with the establishment of state-of-the-art conference centres, has had a large and positive effect on the industry and now many conference organizers are looking to give delegates a broader taste of what Cape Town has to offer in areas further from the centre of town, like the Cape Winelands.

 

“Guest house owners and buyers are definitely realising the earning potential of these properties. The convenience of having conference facilities and accommodation under one roof, within beautiful surroundings, is that much more appealing to delegates and as a result companies are willing to pay big money for these facilities.

 

“We currently have the Lalapanzi Lodge with conference facility on the market for R12 million, adjacent to the Vergelegen wine estate in Somerset West.  Conference facilities here include a centre that can hold 18 people with separate accommodation for 22 and the lodge has an existing Blue Chip client base.

 

“Set in 600 acres of natural fynbos and vineyards, Lalapanzi Lodge offers 41 acres of fertile land with the perfect “terroir” for growing Cabernet Sauvignon grapes as well as Proteas. Three solid log homes made from sustainable local wood make up Lalapanzi, which offers visitors a backdrop of the Hottentots Holland Mountains and panoramic views of False Bay and Cape Point.”

 

Hanson adds that this property boasts its own stabling facilities, which include 7 stables, along with a tack room, a feed room and a large horse jumping arena. It has a swimming pool and large undercover entertaining area.”

 

Just 25 minutes from the airport and 40 minutes from Cape Town this property, situated at the gateway to the winelands allows guests to experience the best of both Cape Town and its surrounding areas.

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