Kleinmond Lodge: A prime investment opportunity
There are different-sized suites to cater for various needs. This ranges from two-bedroom units with a lounge to one-bedroom units and one-room bachelor-type units, all with full amenities. A separate large two-bed/one-bath apartment with lounge, dining room, kitchen, and large private patio with braai, acts as the manager’s unit and can be used for larger family bookings. Special-needs visitors are also catered for.
Other features of this prime property include a large dining area adjacent to a fully-equipped industrial kitchen, braai area, garden with furniture, a play area for kids, double garage, storage room for items like bikes, washroom facilities for staff and guests, expansive laundry room with industrial washers/driers, separated area for gas bottles (hot water and cooking is by gas supply), a generator to beat loadshedding, and ample parking.
Kleinmond Lodge has made a name for itself as a premium accommodation establishment also catering for functions and events. One part of the property is equivalent in size to a standard Kleinmond erf and currently lies vacant, and could therefore be used for further extension. The current owner has, in fact, drawn plans for the establishment of additional lodgings. These are available for review.
For the lodge structure only, i.e. without any portable items, the asking price is R12.5m. This includes the generator, kitchen equipment in the main kitchen and the suites, storage container, water tanks, camera system, WiFi installation, smoke alarms, and all built-in cupboards.
For an additional negotiated fee, all portable items are available. This includes the garden furniture, tables and chairs in the main dining area, all furniture in the suites such as beds, industrial-style washing machines, fridges, TVs, cutlery and crockery, and garden equipment and tools.
To have a tax advantage, buyers have the option to acquire the company hosting the building outright, or transfer it into an entity of their choice.
Why this property
- Prime location!
- A running, income-generating establishment with premium facilities
- Room for extension
- Potential to run as-is or turn it into another income-generating establishment catering for longer term rental, or a combination of various accommodation/rental options
About Kleinmond
Kleinmond is located in the Overstrand Municipality and considered one of the best-run councils in the country. It receives clean audits year after year. As testament, it boasts a water quality index of 99.9%.
As a popular zoom town, Kleinmond has all the amenities needed for comfortable modern living, whether you are actively working, considering slowing down, or investing in a holiday or buy-to-rent home. There are several doctor’s rooms, dentists, pharmacies, vets, filling stations, thrift stores, vehicle maintenance and repair workshops, several clinics, two primary schools, businesses catering for electronics, printing, clothing, crafts, furniture, building material and hardware, and plumbers and electricians, as well as several small shopping centres. Every conceivable service is on hand, all situated mere minutes from your residence, including a medical emergency ward in Harbour Road managed by MediClinic.
For absent owners, several businesses attend to home security, garden, and structural maintenance, and cleaning. Of course, it is also home to a plethora of tourism-related amenities and activities, as well as a world-class golf course and the Harbour Road entertainment strip.
Kleinmond is just over an hour’s drive from the Cape Town airport, 45 minutes to Somerset West, and 30 km from Hermanus.
The availability of property in Kleinmond is finite. The town is situated in the heart of the Kleinmond Coastal and Mountain Reserve, itself part of the greater Kogelberg Nature Reserve. Bordered by estuaries and wetlands both east and west, a mountain range to the north and the ocean to the south, the town’s borders are fixed, with no room for expansion. The result is that only existing open land can be developed, or existing structures upgraded.
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Disclaimer
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