Landmark Plettenberg Bay property goes on sale for R42m
Category News
Milkwood Manor is one of the most familiar luxury properties on South Africa's beautiful Garden Route, and it is now for sale through Chas Everitt International, the SA affiliate of Leading Real Estate Companies of the World© and Luxury Portfolio International©.
Often photographed, the landmark property stands alone at the end of a cul-de-sac and offers direct access to the Keurbooms River estuary as well as the white sand Lookout Beach in Plettenberg Bay. This little Western Cape town is world-renowned as a holiday playground for affluent South Africans and foreign visitors, and with six Blue Flag beaches, it was voted Africa's Leading Beach Destination at the 2020 World Travel Awards™.
Milkwood Manor is being exclusively marketed by John Fuller, principal of Chas Everitt International in Plettenberg Bay, who says the price of R42m (approx. USD2,85m) includes all moveable inventory, such as furniture, curtains, appliances and artworks. The property, which has a total floor area of 897sqm, has for many years been operated as a 4-Star guesthouse, and it has a liquor licence which is also available if required. The current owner wishes to retire.
Accommodation includes 14 luxurious suites, seven of which have external patios or balconies with expansive sea views. The flat parapet roof of the building, accessible by stairs, also provides panoramic views of the distant Tsitsikamma mountains, the sea and the estuary, and is a great spot to savour some sundowners.
(See https://bit.ly/3BaJOC3 for more details).
Milkwood Manor also previously hosted the famous Thai-themed Lemon Grass restaurant, which could seat more than 200 customers in its unique indoor/ outdoor setting. The restaurant area is enclosed with 70 lineal meters of floor-to-ceiling seamless glass stack doors, which, when opened, create flow to the outer deck area and three gazebos.
The property also offers a professionally-equipped kitchen with gas and electrical cookers, two walk-in refrigerators, a pantry and a scullery; a full-size hotel style bar; guest cloakrooms; storage rooms; a linen room; a wine cellar; a reception area; office facilities and two large glass-enclosed fireplaces. All the external windows and doors in the home were also recently replaced with "Tilt & Turn" windows and doors from Germany that were installed by a German engineer at a cost of R1m.
The Bitou Municipality and the Department of Environmental Affairs and Development Planning have approved all building plans, leases, other structures, and rock revetments for this property. Electricity is currently purchased in bulk from the municipality, and there is also a large Volvo Diesel generator that provides sufficient power to the property in the event of power failures. Secure enclosed parking for 12 vehicles is available on the property, and there are many more parking bays in the adjacent beach parking area.
"It is seldom that a property of this quality and exceptional location is offered for sale, and we are marketing it to all discerning buyers in SA and internationally who appreciate the opportunities inherent in owning an icon in a highly-sought after location. It could be utilized as an exclusive private residence, but is also perfectly suited to be maintained as a guest house or made into a boutique hotel, a timeshare resort, a restaurant, a health and wellness club or spa, or perhaps an eco- lodge," says Fuller.
"Residents can literally step out of the front door on to a Blue Flag beach, with the world-famous Lookout Deck restaurant just a hundred metres to the right. And the rear of the property has a jetty on the estuary for boating activities on the Keurbooms River, which is one of the few open estuaries on the SA coastline, and a World Heritage Site.
Interested qualified buyers, property syndicates or private equity investors are invited to contact John on email johnf@everitt.co.za for an information portfolio on Milkwood Manor or to arrange a private viewing.
Issued by
Chas Everitt International
For more information please contact
John Fuller on +27 82 905 1516
Or visit www.chaseveritt.co.za
Caption:
The famous Milkwood Manor on the Blue Flag Lookout Beach in Plettenberg Bay is for sale for R42m, exclusively through the Chas Everitt International property group. For more details see https://bit.ly/3BaJOC3
Author: Chas Everitt
