R 42 000 000

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7754 m² Commercial space in Lions River

14 ha 7754

St Ives Restaurant Lodge and Venue,

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We are offering for sale a KZN Midlands-based, restaurant, events, and lodge estate in extent of 140 hectares with further agriculture and housing development potential. The assets are to be sold outright as a going concern.

The listed price is inclusive of value added tax (VAT) as the Seller is a VAT vendor.

This is an attractive investment opportunity to own developed land containing an equipped events facility that can entertain 200 seated guests, supported by a 200-seater wedding chapel with panoramic views over the main dam.

Edged on the opposite side of the main dam there is a 150-seater, equipped Boma restaurant catering to a relaxed and pleasant atmosphere with tranquil sunset views over the water.

Linked by a tarred road over the dam wall are the accommodation facilities that sleep 48 guests in a variety of en-suite rooms. On the same side as the guest rooms, we find a six-bedroom en-suite manor house with elegant finishes and state-of-the-art amenities that exude sophistication and good taste. Another highlight is a comfortable and modern four-bedroom house with a pool, overlooking the Dargle Valley.

A portion of the land, 6.9 hectares, is in the process of being zoned for residential development and the remaining undeveloped land with abundant water and fertile soils provides opportunities to expand on your intensive agriculture development plans or to develop alternative income generating developments.

Your investment will in addition to financial returns yield economic growth and development and provide you with a special lifestyle in a scenic environment.

Property details

  • Listing number T4064228
  • Property type Commercial
  • Erf size 14 ha
  • Floor size 7 754 m²

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