Vacant Land / Plot in Durbanville Hills For Sale
Description
Boutique Hotel Development Opportunity in Durbanville Wine Route
An exceptional opportunity to acquire an 8,685m² fully zoned development site on a prestigious wine farm in the Durbanville Winelands, offering permission for a 49-key boutique hotel.
A key advantage is the existing operational restaurant and established wedding/function venue on the farm, creating a built-in demand base for accommodation through wedding guests, events, corporate functions, and restaurant-related overnight stays. This significantly enhances occupancy stability and reduces market-entry risk for a hotel operator.
Development Approvals Already Secured
The development is substantially de-risked, with key approvals and professional reports already completed:
- Approved Site Development Plan (SDP)
- Civil Services Engineering Report
- Electrical Engineering Report
- Approved Elevation Plans
- Traffic Impact Assessment
- Landscaping Plan Approved
- Consent Use Approved by the City of Cape Town
- Proposed Development Consent Approved
- Final Municipal Approvals Obtained
Strong Hospitality Fundamentals
Comparable boutique hospitality establishments within the Durbanville and broader Cape Winelands region currently achieve:
- Average Daily Rate (ADR): R2,200 - R4,500+ per room per night
- Peak Event Weekend Rates: R3,500 - R6,000+ per room per night
- Average Occupancy Levels: 70% - 85%
Supported by established tourism demand, wine route visitation, weddings, conferences, and destination events.
The integrated demand model supports an estimated annual room revenue of ±R34 - R37 million, with additional income potential from F&B and event-related spend increasing total hotel revenue by approximately 30% - 60%.
Set within a tranquil vineyard environment with scenic views and strong wine tourism appeal, this site offers a rare opportunity for a high-performing boutique hospitality development in an established destination node.
Sale price Excluding VAT
No transfer duty payable
Contact Anel Meiring from RE/MAX EIKESTAD
