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Commercial Property in Lemoenkloof For Sale

R25 800 000

Bedroom icon 33 33 1935m2 4069m2
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Commercial Property in Lemoenkloof For Sale

Investment Opportunity, Effective Commercial Property For Sale.

3 Main Street

Bedroom icon 33 33 1935m2 4069m2

Commercial Property in Lemoenkloof For Sale

3 Main, Street

Investment Opportunity, Effective Commercial Property For Sale.

R25 800 000

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33 Bedroom icon 33 4069m2

Features

  • Parking 100
  • Pool - 1
  • Dining areas - 1
  • Conference Centre - 1
  • Water Tanks - 1
  • CCTV - 1
  • Braai Area - 1
  • Water Features - 1
  • Street Parking - 1
  • Parking- +/-80 Street/ 20 Open Bays - 1
  • Heat Pumps - 1
  • Borehole - 1

Description

Lemoenkloof Guesthouse which is a Landmark in Paarl is the pride and joy of its current owners who have been very cleverly building and orchestrating its business process for more than thirty years: running it very effectively and turning in very good profits.   

Calling it a guesthouse is actually a bit of a misnomer as the bulk of its income, roughly 70%, is not generated via the lines of a traditional guest house business. 

Although its income dropped quite drastically for a number of months during the COVID period the business model which has been developed during the more than thirty years has proved during the second part of this year that it is still very effective and again rearing to grow to the same levels prior to Covid. Good profits are again being
made. 

The effectiveness of this business probably rests upon the following pillars: 

· It’s very effective/versatile business process 

· Its extensive customer-base, and its on-going personal relationships with customers whether as individuals or corporates and other institutions (e.g. comprising local and regional companies, governmental bodies, sports-teams, local and international tourists). Closely coupled with this is its relationship with tour operators. 

· Its operational effectiveness in organizing conferences, training sessions, special dinners/functions/luncheons/festive parties etc. and providing accommodation. All of this is done with the best quality and style, and the accommodation is of the highest standard. Within this context its main income streams
are corporate accommodation and conferences, hosting various provisional sports teams and school sports teams and leisure travelers. 

· Its highly qualified staff of long standing 

· And then obviously also upon its facilities of the highest quality (33 beautifully decorated up-market rooms, 2 swimming pools, 3 conference rooms accommodating between 120-200 people, high quality board room, 3 kitchens ; the main building is a 1800’s homestead and classified as a national monument, all set in
an absolute fantastic garden). The facilities also include items such as solar systems, intelligent electricity-management, huge generator, and borehole. 

This is a wonderful opportunity is for someone with a love and passion for this type of industry, who is business driven and who will be willing to learn from the existing owners and key staff members to effectively run the current setup before expanding.

Contact us for details, facts and figures.  

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 7,500

Property Details

Web Ref RXCY-4367
Property Type Commercial Property
Building Size 1935m2
Erf Size 4069m2
Bedrooms 33
Bathrooms 33

Contact Agent

Agent profile picture

Dirk van Eeden

Sales Associate

RE/MAX Outeniqua (George)

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Enquiry about property Ref:RXCY-4367

R25 800 000
change currency
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Dirk van Eeden

Sales Associate

RE/MAX Outeniqua (George)

MessageCall me back
Book a viewing

Contact Dirk van Eeden

Agent profile picture

Dirk van Eeden

Sales Associate


RE/MAX Outeniqua (George)

Show number

Show number

Enquiry about property Ref:RXCY-4367