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Development Property In The Champagne Valley, Central Drakensberg For Sale

Drakensberg, KwaZulu - Natal, South Africa
Asking Price:
R29,600,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Centrally situated prime development property in the Champagne Valley, Central Drakensberg. The property is an 80 hectare sectional title development within the Okhahlamba World Heritage site buffer zone, looking onto the Central Drakensberg Mountain Range. This Drakensberg is one of the top tourist destinations in South Africa and the Champagne Valley has become the prime Drakensberg destination.

The property, currently run as a resort, has planning permission for 34 dwellings of 150 square meters each, a managers house and staff accommodation not exceeding 640 square meters and 2 main residences of unlimited size. Currently 9 chalets of various sizes, a managers house with extensive service buildings, and a functions and wedding venue and chapel both seating 150 guests, has been built. The infrastructure includes a large lake for fishing and boating, 2 swimming pools with a recreation building, and an extensive network of nature trails. The topography is typical mountain forest and grassland, with a river running through, and is arguably one of the nicest properties in the area.

Phase 2 of the development offering unrestricted mountain views has still to be developed and comprises 25 chalet sites and 2 main residence sites of unlimited size. The infrastructure requirements of phase 2 have been partially completed and no major infrastructure costs will be required.

This is a once in a lifetime opportunity. There are many development options. Paint your own canvas.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

640 square meters of staff accommodation available.

Location:

Drakensberg, Champagne Valley, Central Drakensberg

Premises Details:

Resort and wedding venue on 80 hectares of prime development property in the Champagne Valley, Central Drakensberg with extensive further development rights.

Size in square feet:
80 ha
Planning Consent:

34 chalets of 150 square meters ( may be increased to 250 meter using approved bulk), a managers house and staff accommodation not to exceed 640 square meters. 2 main residences of unlimited size each with a separate 60 square meter flat, and related support buildings

Business Operation

Expansion Potential:

25 Additional chalet rights, 2 main residence sites of unlimited size. Re zoning possibilities

Competition / Market:

Larger hotel groups

Reasons for selling:

Retirement

Trading hours:

All hours

Employees:
11
Years established:
2000

Contact Information

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