Official COVID-19 Information: www.sacoronavirus.co.za
Official COVID-19 Information: www.sacoronavirus.co.za
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LocationSouth Africa, Western Cape

Sector - Property

Asking Price
R 11,900,000
Monthly Profit
R -810
Asset Value
R 11,655,200
Stock Value
R 0
Yearly Net Profit
R -9,716

Summary

Large property in a prime sought after position adjacent to the N2 of the Garden Route. Property has a commercial income stream which generates an attractive recovery, and an opportunity to develop into significantly more earning potential. On the land there is an opportunity to develop a private residence since already a small dwelling exists, which lends itself to being added to, or as an additional home. The views from this north west facing site are pristine mountain and river views, and the property is high above the valley and very secure.

Give me more information

How could the profitability of the business be improved?

Incremental business development

How involved is the Owner in running the business?

Currently the Owner is involved only 2 to 3 days per week.

What are the trading hours?

09-00 am to 17-00 pm Daily.
Some of the eating venues are open in the evening.

What are the main assets of the business?

Land and Buildings.

Strengths?

Location Location and Location...Prime Site in a sought after area
Development rights and plans all in place
Daily management will yield improved results
Many opportunities still to be exploited

Weaknesses?

Management has largely operated off-site and has not been there full time.

Opportunities?

There are further development opportunities available including tented camp accommodation.

Threats?

There are no known threats to this opportunity.
Barriers to entry are extremely high.

What is the reason for the sale?

The Seller is looking to move from the area.

Location

Contact | Enquire

Noel

Noel Heath

LocationSouth Africa

Preferred method of contact

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