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R51,000,000

10 bedroom commercial for sale in Waterglen Ah

10 Beds
10 Baths
14,246m²
Iconic Medieval Boutique Hotel - Premier Event Destination

A Turnkey Investment Opportunity with Proven Yield and Limitless Expansion Potential.

Escape the ordinary and step into a high-yielding asset that blends historical romance with modern luxury. Nestled on a 1.42ha estate and located within easy reach of the local airport, this one-of-a-kind boutique hotel and wedding venue is a dream for international investors and hospitality moguls alike.

With an average annual turnover of R8 million and blueprints already in place for further development, this is more than a property—it’s a flourishing business ecosystem.

The Experience: Where History Meets Luxury

The hotel features 10 bespoke boutique rooms, including the signature King, Queen, and Royal suites. These duplex units offer a regal experience with upper-level sleeping quarters and expansive lower-level lounges. Every room is climate-controlled, featuring en-suite bathrooms and artisanal decor that transports guests to an era of chivalry without sacrificing contemporary comfort.

The Venue: A Wedding & Event Powerhouse

This property is a premier destination for the MICE (Meetings, Incentives, Conferences, and Exhibitions) market:

The Chapel: A romantic, on-site sanctuary for unforgettable ceremonies.

Event Halls: Two distinct spaces catering to 100 and 600 guests respectively.

The "Brocéliande Forest": A mystical outdoor space inspired by Arthurian lore.

Tea Garden: An enchanting alfresco setting for up to 120 guests.

The Kiddies Castle: A dedicated venue for themed parties, ensuring a family-friendly revenue stream.

World-Class Amenities & Infrastructure

Gastronomy: A 250-seater themed restaurant supported by a state-of-the-art industrial kitchen.

Entertainment: A private Cinema, a "Dungeon" Cigar Bar, and a fully licensed bar.

Utilities & Sustainability: 3 Boreholes with a massive 480,000L water storage capacity.

Staff & Logistics: 8-bedroom staff quarters, a separate 4-bedroom house with a pool (ideal for management or additional conference space), and parking for 400 vehicles.

Retail: A boutique party and costume hire shop (converted from a flatlet) adds a unique secondary income stream.

Future Growth

The property is primed for a "Phase 2" development. The current blueprints include a day-visitor zone with a waterslide and pool. Furthermore, adjacent empty plots are available for purchase (price on request), allowing for a significant increase in the hotel`s footprint or the addition of a luxury spa.

Secure your stake in one of the most distinctive hospitality assets on the market.

Viewings by appointment only. Contact us today to schedule a private tour. Take note Vetting of Buyers will be done prior to Viewing.

Property Type
Commercial
Bedrooms
10
Bathrooms
10
Stand Size
14,246m²
Staff Rooms
Yes
Reference
PC1361505
Property history
Listed for sale at R51,000,000
04 Sep 2023
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