Holiday farm resort with development opportunities for sale near Pearly Beach, Gansbaai

R 24,000,000

Can I afford this?
13 days ago64 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1800
Parking:None
Description
This 163-hectare lifestyle farm, free from any alien vegetation, has been developed over the past 25 years by its present owners (separate land-owning and trading entities) as a tourist and holiday destination and is frequented as such around the year by smaller or larger groups of tourists/holiday makers.
Being located in the Overberg region of the rapidly expanding Western Cape Province, Klein Paradijs (a very descriptive and apt name) is not too far from the maddening crowd.....just far enough to feel part of nature and to utilize the estate as a base camp to participate in the many tourism activities that are available near the estate. These include horse riding, bird watching, hiking, fishing, and the world-renowned shark cage-diving at Kleinbaai, as well as diving and whale watching in season. The property is also close to lovely beaches, several popular wedding venues, and well-known wineries. It is just 3 km from the seaside town of Pearly Beach whereas the coastal towns of Gansbaai and Hermanus are, respectively, 15 and 63 km away.
Klein Paradijs offers its guests self-catering accommodation in six rustic (with modern and stylish interiors) country cottages, a stately thatched roof manor house, and three contemporary Adobe-style, semi-detached apartments, all very comfortable, self-catering, and designed with style and space in mind. Services like free internet and television connection are available in each unit.
The units are generously spaced apart and surrounded by grassy fields. Klein Paradijs’ guests have access to the estate’s farm dam and private nature reserve with walking paths.
The well-trained staff members, an ever-increasing list of loyal returning guests, and some excellent management tools, all combine to ease the life of the owner/manager of the existing accommodation business.
The above listing description also highlights various factors that contribute to the property's value and potential for development. These include the reasonable asking price, tax benefits, ample water supply, undeveloped areas of the farm, workshops with specialized tools for wood crafts, and the existing infrastructure such as the 4-star quality double-story thatched roofed manor house, guest suites, licensed restaurant facilities, catchment dam, and fully serviced and equipped cottages. These factors create opportunities for further development and expansion.

The property has an agricultural zoning, but a specific section of the farm has a resort zoning. This resort zoning allows for the existing manor house and other facilities to be utilized for resort or tourism-related purposes. It is important to note that while the approved site development plan allows for the enhancement of the existing infrastructure and the creation of 13 additional sites, the land on which the cottages are located cannot be sold. Instead, the present holding and trading companies will enter into a 99-year lease agreement with a newly formed share block company. Pu...

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Property Reference #: 7002001-35868

Agent Details:
Riaan A van Zyl
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274202227
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Estimated monthly repaymentR 260,090
Total property loan amountR 24,000,000
Total interestR 38,421,527
Total repaymentR 62,421,527
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