6.4 ha Farm in Herold

Introduction: Located in Herold, just off the famous Route 62 (N9) and at the top of the Montagu Pass, The guest farm / Lodge offers a unique opportunity for various entrepreneurial ventures. The business has been in the hands of the current owners for 10 years.

Property can be bought without any transfer duty as its the only asset in the PTY. The Ptys shares can be transferred thus saving a ton of money in legal & transferring fees.

Property Highlights:

* Location: Situated 30 minutes from both George and Oudtshoorn, surrounded by the stunning Garden Route and Klein Karoo.

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* Historic Charm: Part of the original nineteenth-century town of Herold, with buildings that were once the post office and police station.

* Accommodation: Comfortable lodging for up to 26 people across three historic buildings, including:

* Six B&B rooms

* Two self-catering family units

* Seven outbuildings featuring:

* Four fully equipped houses with 1, 2, and 3 bedrooms

* One lodge building with three bedrooms, one with a small kitchen and extra room

* Another outbuilding with four lodge-style bedrooms and an outdoor kitchen

* A small factory suitable for a microbrewery or other creative ventures

Current Business Operations:

* The farm includes a small engineering manufacturing plant started during COVID, currently running under management.

* The guest lodge has provided a modest income for the owners, sufficient for their living expenses, but the potential for growth is significant.

Challenges:

* The Montagu Pass closure has impacted traffic from George - The outeniqua pass is how ether a beautiful drive and a very convertible 30 min away from George.

* Plans for the property need to be drawn up, likely lost over the past 140 years.

* Most buildings are historical monuments and cannot be altered externally.

* A bank loan may be challenging based on the current income.

Opportunities:

* Microbrewery: Ideal location for a microbrewery to attract more visitors.

* Tented Camps: Potential for future tented camps on the riverside.

* Health Retreat: Market the property as a health retreat or similar venture.

* Guest Lodge Upgrade: Opportunity to upgrade the current guest lodge for increased income.

* Investment: Perfect for 2 to 3 families looking to combine finances for a shared investment.

Summary: This property is more than a business it''s an opportunity to scale and innovate. Combining the existing factory operations with new ventures like a microbrewery, tented camps, or a health retreat can significantly enhance its appeal and profitability. Financial discussions are reserved for serious inquiries, as the current owners aim to find the right buyer who sees the property''s potential.