Farm for Sale in Langebaan North

Description

Accepting Offers. DESCRIPTION: Fully Functional Accommodation Resort — Developers & Investors - Acquire A Steady Income Generating Asset For Your Portfolio. This turnkey property is located on West Coast Road, just after the Langebaan turn-off on R27. With a trading history as an successful staffing accommodation resort, it has generated great returns for its operators. The owners are looking to procure an outright sale or favourable JV proposal to extract the value of this income-generating commercial investment. Currently tenanted out to contractors, EPC groups and logistics workers. This residential resort caters to the blue-collar workforce at an affordable rate covering overnight stays to yearly rentals. Current occupancy levels averaging at 90% on all housing, and 50% on all nutec. This resort is also pet-friendly, boasting chickens, dogs, birds, and peacocks to name a few. Note - Property is sold as is "voetstoots". In-house sales, letting & development services for investors or developers looking to capital flip, secure leases or redevelop. NDA's will be required for any financial or business disclosures. Exclusive commercial finance can be arranged. Existing Layout: • 10 x 3 Bed homes • 1 x 7 Bed house • 12 x Studios/cottages • 1 x 8 Bed guesthouse • 185 x 2 Bed nutec units • On-site communal infrastructures: Bar, kitchens with mess hall, laundry, DSTV, braai areas, retail superette, football pitch, vegetable garden, workmen's shed • Parking for up to 150 vehicles at least (both shaded & unshaded) • Eskom electrical supply throughout, septic sewerage system, municipality water supply • Staff complement of 20 includes security, maintenance, cleaners. Development Plans: • Fully approved zoning rights under Saldanha Municipality • Plans for additional 70 unit housing extension • Future capacity increase up to 600 beds (Min avg. 360 total units at 36 units per hectare) • Potential solar installations • Access via tarred road off R27 View by Appointment. Contact Sachin & Rob for more info or OTP. DETAILS: • Farm no (Extent): 187 Portion 6, Malmesbury RD (26928m²) • Farm no (Extent): 187 Portion 7, Malmesbury RD (61398m²) DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.