Between Ficksburg & Clocolan – Free State – Successful & Busy

Price: R11,650,000.00

Property Description

  • ASKING PRICE EXCLUDES 15% VAT
  • ORIGINAL ASKING PRICE: R15 000 000
  • PROPERTY SIZE: 163.32 HECTARES 
  • Thriving Tourism Venue – Sale Includes E.I.A Approval – Resort Consent & Development Expansion Plans. This is a very rare Opportunity to Expand the Existing Tourism Business to include both more Self Catering Cottages, Camp/Caravan Site with 12 serviced stands and expand the Beautiful Original Sandstone Guest House
  • The Property comprises 163.32ha of which 24.5853 ha is run as a Tourism Enterprise with Resort Consent which allows for further Development, and an adjoining 138.7365 hectare Registered Conservancy. (Fully E.I.A. approved)
  • The municipal valuation of the ground is R2,360,000.00
  • THREE STONE SELF CATERING COTTAGES which are designed around family accommodation with 2 or three bedrooms/bathrooms, large open plan living area, fully equipped kitchen and covered deck with Weber barbecue – units measure from 164 m²  to 175 m²
  • TWO SANDSTONE SELF CATERING COTTAGES that fill a niche market within the tourism business and as such these awesome dwelling places accommodate just two people in indulgence, luxury and space
  • THE ORIGINAL SANDSTONE FARMHOUSE has been extended with 2 internal bedrooms, 1 en suite and 1 en suite with lounge which leads out onto the stunning covered veranda, and 2 free standing luxury garden bedrooms. The dining room can seat up to 28 guests and the covered veranda with pull down blinds can seat up to some 60 guests. The farm kitchen has electric/gas and a full size restored AGA stove + large storage area
  • THE 138.7365 ha Registered Conservancy comprises a privately owned mountain and flatland where paying guests have unhindered access to roam these areas where hiking paths are laid out, a stair walk leads up into the mountain, there are cycle trails, very good birding, star gazing, walks and hikes
  • With an excellent underground water supply, at present only one of the 3 boreholes is used, and with a good dam and adjacent quarries for water storage, there is an abundance of water
  • Proposal Development Opportunity –
    • Additional Development Opportunity – Self Catering Cottages 4.5.6
    • Additional Development Opportunity – Self Catering Cottages 7.8.9
    • Additional Development Opportunity – Serviced Camp Sites x 12
    • There could additionally be one more free standing bedroom added at the Guest House-Main dwelling = 5 en suite double bedrooms as Dinner Bed and Breakfast
    • Development would include the perimeter fence and gate and introduction of game = upper level of tourism market in both South Africa and also the very lucrative overseas market.
    • A Cash Flow of the completed development calculates to an income of some R7, 200,000.00 per annum @ only 30% occupancy
    • This income would be doubled by the following:
    •  – Running the dining room at full level so self catering guests can book meals
    • – Running a fully licensed pub
    • – Conferences – Workshops – Weddings
    • – Any activities, night drives to view night game etc
    • – This is a PROPOSAL ONLY – as per our intimate knowledge of the property
    • – Developers could alter/change in any way desired to suit
    • Owners wishing to retire and downsize
    • The Property is registered for VAT

Quick Summary

Property ID:
821
Property status:
Sale
Property type:
, , , ,
Location:
Ficksburg, 9730, South Africa
Bedrooms:
13
Bathrooms:
12
Area:
164.00 m²
Parking place:
20
Property Features:

Map

Contact Agent

Terry Mills
Terry has been in the Commercial real estate industry since 2000. Prior to joining Guesthouse Sale in 2013 she worked at JHI Real Estate and then Colliers International. Terry began her working career in administration working for a real estate company in Blackheath Johannesburg in 1981. Since re-joining the property…
+27 (0)82 783 2172
terry@guesthousesale.com