Unique business opportunity on a small holding of 8 ha in the Overberg biosphere nature area:

Unique business opportunity on a small holding of 8 ha in the Overberg biosphere nature area:

Introduction:

• This is an existing business meticulously built up over years and in the process receiving various national/international awards.
• It is at present being utilized as a 4 -star guest house but the opportunities are endless ie retirement centre, health and wellness centre, training centre, rehabilitation centre, etc.
• The area comprises of 8,56 ha fynbos area and the buildings are in total just over 800 sq meters which is well maintained.
• There is also a second house on the property that can be utilized as a manager’s house.

Full particulars are available regarding the property, buildings and the amount of bedrooms etc. as well as financials.

Financials: 

The following applicable information gives an overview of the property:

• Land value – 8,56 ha- R3,727 million based on recent comparative sales.
• Buildings (800 sq meters)- R7,9 million- replacement value.
• Projected income/expenses- NP (EBITDA) – R193916 pm= Value R6,98
• (Note- above value of R6,98 million is determined on a ROI of 30%, in the expenses is a rental included of R24,853 pm which equates to a 8% ROI on the land value of R3,7 million).
• Total values thus R3.727 mill+R7,9 mill+R6,98 mill- total R18,58 million.

Note- the above projected income/expenses are based on existing occupancy rates for a guest house- the alternative possible uses of the property as described above will increase the income drastically.

Selling price:

• R10,5 million