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R12,500,000

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R10,511 Excl. VAT

Hospitality - Wedding/Conference/Hotel/Accommodation/Old Age Home= Commercial Property For Sale

Gonubie Broads: A Unique Hospitality Opportunity

Located along the serene banks of the Gonubie River, this historic estate, dating back to the 1800s, is set within a sprawling 37,306 m² property. Featuring a sandstone façade and a thatched roof, this property offers a blend of charm, space, and versatility, making it a prime opportunity for a variety of ventures in the hospitality industry.

With expansive park-like gardens and two access points off East Coast Resorts Road, the site provides an inviting atmosphere perfect for weddings, conferences, and other large gatherings. This property is already established as a renowned venue for events, accommodation, and conferences, with plenty of potential for further development.

Key Features:
Historic Main House:

6 Bedrooms
Office Space
Fully Equipped Kitchen & Dining Room
Two Spacious Lounges
3 Bathrooms
Recreational Area:

Includes a pool and a dedicated entertainment area.
Conference Centre:

Air-conditioned, soundproofed, and able to host up to 200 people in a 300 m² area, ideal for business events and seminars.
Wedding Venue:

A spacious, air-conditioned, and soundproofed venue that can accommodate up to 450 guests in a 600 m² space.
Features include aluminium stack-away doors, modern toilets, and excellent facilities for large celebrations.
Accommodation Options:

4 x Two-Bedroom Self-Catering Apartments
4 x One-Bedroom Self-Catering Apartments
2 x Two-Bedroom Self-Catering Apartments
4 x One-Bedroom Self-Catering Apartments
3 Timber Frame Double-Storey Apartments, each with accommodation for up to 4 guests.
Additional Structures:

A 200 m² shed/store offers ample storage space or potential for future development.
Backup Power: A 100 kVA generator and 150 kVA Eskom power ensure reliable electricity supply.
Water Supply: The property benefits from a borehole with a licence to extract water from the Gonubie River.
Sewage Treatment: A modern sewage package plant ensures effective waste management.
Endless Possibilities:
The estate is perfectly suited for a variety of hospitality or commercial ventures, with zoning that allows for resort-style accommodation, a hotel, or even a caravan park. The existing infrastructure also presents an opportunity to develop an old age home or retirement facility.

This property is already a successful, operational business offering multiple income streams. Whether you’re interested in expanding the venue, establishing a restaurant, chef's school, or further developing the hospitality offerings, the potential is limitless.

Sale Includes:
The property will be sold as a going concern, including the liquor license, furniture, fittings, equipment, crockery, and cutlery, making it ready for immediate operation.
This is an exceptional opportunity for an entrepreneur or investor looking for a versatile, large-scale property with rich historical charm and significant growth potential.

Features

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0
Zoning:
Agricultural
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,600m²
Land Size
37,306m²

Gonubie, East London

Situated at the confluence of the Indian Ocean & Gonubie River is the quant seaside town of Gonubie. With its pristine Blue Flag Beach, temperate year-round climate, tranquil setting & proximity to numerous scenic trails, this Village has gained popularity amongst Holiday Makers & Residents alike.  Conveniently situated only 30km from East London, it is an easy 35minute commute to the Airport or Business...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

172,187.51

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