Bargain! Buy a well established Resort looking for an entrepreneur to take it to the next level

R 5,345,000

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11 months ago521 views
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General Details
For Sale By:Agency
Description
CARAVAN AND HOLIDAY RESORT IN THE LIMPOPO WATERBERG RANGE CLOSE TO MODIMOLLE (NYLSTROOM) ON 31 HA OF BUSHVELD LAND FOR SALE

This 31-hectare Holiday Resort is situated in the Waterberg Mountain Range, close to Modimolle (Nylstroom) and 150km from Johannesburg, offering self-catering Bungalows, Bush Cabins as well as caravan and camping sites.
The reception area is housed in a spacious building providing 3 large rooms that can be used as commercial areas or rented to businesses for office space. The catering facilities and full kitchen can easily support the running of a restaurant or coffee shop.

The 2 Bungalows and 11 self-catering Forest Cabins are all fully furnished, with kitchen, bathroom, and private braai area where you can enjoy the bushveld atmosphere. Every Forest Cabin has fibre connection.
70 Camping sites, each provided with its own water and power outlets. 3 Neat ablution blocks, cleaned daily, allow all campers easy access to the facilities. Laundry and scullery facilities well situated and close to your camp site are also available.

3 Swimming pools will cater for all guests needs and is close to the play area with swings, wooden log jungle gym, trampolines, giant chess board and 9 holes putt-putt course to entertain the kids. A variety of full-grown indigenous bushveld trees hosting many different species of bushveld birds add to the magic of the resort. A kiosk can serve light take away meals next to the TV and playroom, overlooking the swimming pool. Jacuzzi facilities are also available. A large, thatched Lapa with catering facilities and a boma can accommodate up to 80 people for private functions or weddings. A hiking trail up the hill overlooking the resort offer a great spot for an early morning coffee or a late afternoon sundowner. 3 Residential houses are on the property that can be used to accommodate the owners or management or else it can be rented out. House 1 has 3 bedrooms, 2 ensuite bathrooms as well as a guest bathroom, lounge- dining- and TV-room, kitchen and 2 garages. In addition, an outside one-bedroom bathroom flat is also available. House 2 also has 3 bedrooms, 1 ensuite bathroom and 1 guest bathroom with a lounge- dining- and TV-room, kitchen two garages, and then also two outside rooms used as a laundry and workshop. House three is also a 3-bedroom 2-bathroom house with either a study or a 4th bedroom together with a lounge and kitchen. Outside is a Lapa with a barbeque area. There is also 5 staff quarters on site as well as many storerooms. 2 Fully equipped boreholes as well as direct 3 phase supply from Eskom is part of the deal.

This is the ideal opportunity for an entrepreneur to take this settled and well-known resort to the next level at a bargain price.

Property Reference #: BSH-CS00068

Agent Details:
Arnold van Zyl
Century21
Sparrow Shopping Centre,Nelson Mandela Dr,Modimolle

Id Subtitle 1209469259
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Estimated monthly repaymentR 57,925
Total property loan amountR 5,345,000
Total interestR 8,556,795
Total repaymentR 13,901,795
Interest rate at 11.75% for 20 years *
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Century21
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