Summary

Asking Price: R16,000,000 (Business & Property Included)

An exceptional opportunity to acquire De Oude Caab, a well-established hospitality business together with a prime development property in the heart of Durbanville.

Originally built in 1920 as the residence of the Dutch Reformed Church minister, this beautifully restored Cape Dutch property has become a landmark destination, offering guest accommodation, long-term accommodation, conferences, weddings, private functions, and corporate events.

The sale includes both the freehold property and the thriving business, making it an ideal investment for hospitality operators, investors, or property developers.

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Business Highlights

Established guest house and function venue
Prime location in Church Street, Durbanville
Business and freehold property included
Multiple established income streams
Excellent reputation with repeat clientele
Fully operational turnkey business
Professional website included
Established social media presence
Strong online brand and digital marketing foundation
Significant future growth potential

Multiple Revenue Streams

Guest accommodation
Long-term accommodation
Weddings
Corporate events
Conferences
Private functions
Birthday celebrations
Kitchen teas & baby showers
Catering opportunities

Financial Information

Annual Turnover: R1,620,000
Annual Net Profit: R1,296,000

Included in the Sale

Freehold property
Established hospitality business
Fixtures and fittings
Established brand and goodwill
Professional website
Social media account
Existing client database and online presence
Booking systems and operational infrastructure

Property Features

Historic Cape Dutch-style building
9 spacious en-suite guest rooms
Long-term accommodation facilities
Conference and function venue
Beautiful landscaped gardens
Swimming pool
Outdoor entertainment area with waterproof stretch tent
Braai facilities and pizza oven
Ample secure parking
Excellent location close to the Durbanville Wine Valley, shopping centres and major transport routes

Development Opportunity

This property offers more than just a successful hospitality business.

Demolition clearance has already been obtained, providing a purchaser with the flexibility to redevelop this prime site should they wish to do so (subject to any applicable municipal requirements and approvals). Continue operating the profitable business while planning a future development, or unlock the property's full development potential immediately.

Why is this a good business?

This is a rare opportunity to purchase an iconic Durbanville property with an established hospitality business, strong online presence, valuable digital assets, and exceptional redevelopment potential.