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February 2010
 
FANTASTIC HOSPITALITY ESTABLISHMENTS FOR SALE
SOUTH AFRICA - WESTERN CAPE - BOLAND (WINELANDS) – MONTAGU
R9.8mil
Well-Managed Hotel
This exclusive Hotel is situated in the beautiful village of Montagu. Montagu lies on Route 62 – the world’s longest wine route and is just 2 hours drive from Cape Town, on the scenic road to the Little Karoo and the Garden Route.

The peaceful town offers mineral springs, 4x4 routes, hiking- and mountain bike trails.

The Hotel has recently been renovated with a modern touch. Accommodation is situated on two levels, which offers 9 spacious and luxurious guest suites, each individually decorated.
The guest suites are all equipped with
• a telephone
• DStv
• coffee and tea making facilities
• air-conditioning

The rooms that are on the ground level have direct access to the pool and courtyard. The rooms on the second level have access to a private balcony with beautiful mountain views.
A cozy wine bar offers many local wines to guests and the well-managed restaurant seats up to 40 guests.

The hotel offers a perfect venue for intimate weddings, corporate launches and special events.

Montagu is fast becoming the Cape’s true resort town and is particularly popular in the winter months due to its mild climate. Recently it has also started to attract international attention as one of the best locations in the world for the extreme sport known as rock climbing.

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Contact:
Leonard Brewer

Email: leonard.brewer@pamgolding.co.za
Cell: +27 (0) 82 901 9567
Peter Bruil
Email: peter.bruil@pamgolding.co.za
Cell: +27 (0) 83 384 0584
Office: +27 (0) 21 852 5155
Web Access: PGLAG1010886
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SOUTH AFRICA - WESTERN CAPE - OVERBERG - PRINGLE BAY
R7.9mil
Luxurious Guesthouse
This luxurious Guesthouse is located just one hour from Cape Town, in the seaside village of Pringle Bay.
The surrounding countryside of the Western Cape region offers a diverse selection of activities such as golf, whale watching, wine routes, bird watching, great white shark cage diving and the botanical gardens, making this Guesthouse the ideal base for tourists to explore from.

This pristine Guesthouse has been architecturally designed specifically to offer luxury and privacy to guests. This elegant property offers 4 furnished guest suites. All rooms are spacious with extensive ocean and mountain views, shaded patios, log fireplaces, and mini-lounges with satellite television, mini bars, tea and coffee making facilities. High occupancies are possible as this coastline is a popular tourist and holiday destination.

This well established Guesthouse offers luxury living with a very comfortable additional income.

Property Size: 2 000m²
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Contact:
Leonard Brewer

Email: leonard.brewer@pamgolding.co.za
Cell: +27 (0) 82 901 9567
Peter Bruil
Email: peter.bruil@pamgolding.co.za
Cell: +27 (0) 83 384 0584
Office: +27 (0) 21 852 5155
Web Access: PGLAG1010886
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SOUTH AFRICA - WESTERN CAPE - CAPE TOWN METROPOLITAN - SOUTHERN SUBURBS – CONSTANTIA
R14.5mil
4-Star Guest Lodge
This well-managed Guest Lodge is situated in one of South Africa’s most renowned and picturesque wine-growing regions; the leafy up-market suburb of Constantia.

The Guest Lodge is set in tranquil, park-like grounds, with an abundance of natural bird life and beautiful mountain views. Within easy access of Cape Town’s CBD, major tourist attractions, as well as beaches, wine farms and golf courses.

Accommodation boasts 13 tastefully-decorated guest suites, each with its own entrance and equipped with hairdryer, telephone, safe, digital TV, wireless internet access and tea and coffee making facilities.
This Guest Lodge also boasts a dining room, honesty bar, laundry, lovely patio, swimming pool and braai facilities and secure parking for guests.

This is an excellent investment opportunity and an easy to manage business. The number of rooms allow for serious benefiting of economies of scale and thus very good returns. There is scope to transform 2 rooms into comfortable owner’s accommodation.
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Contact:
Leonard Brewer

Email: leonard.brewer@pamgolding.co.za
Cell: +27 (0) 82 901 9567
Peter Bruil
Email: peter.bruil@pamgolding.co.za
Cell: +27 (0) 83 384 0584
Office: +27 (0) 21 852 5155
Web Access: PGLAG13292
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SOUTH AFRICA - WESTERN CAPE - BOLAND (WINELANDS) - GORDONS BAY
R7.7mil
Luxury Guesthouse
This luxury 4-star graded Guesthouse is set opposite the beaches of picturesque Gordons Bay. Ideally positioned and within walking distance to many bustling restaurants, beaches, the lively harbour and shops. Gordons Bay is a 45 minute drive from Cape Town.

The winelands and over 16 golf courses nearby provide an excellent base from where these truly unique Western Cape attractions can be experienced.

The Guesthouse enjoys magnificent ocean views with 6 luxurious and spacious guest suites.
All the rooms are equipped with
• mini bar
• air-conditioning
• sitting area
• tea and coffee making facilities
• hairdryer and safe.

Other facilities include:
• Living room
• dining room
• office
• bar
• patio
• swimming pool
• 2 staff rooms
• 2 Garages and off road parking for guests

This well-run business offers attractive turnovers, proven high occupancies and a wonderful lifestyle.

Additional Building(s) & Living Areas: Owner’s accommodation
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Contact:
Leonard Brewer

Email: leonard.brewer@pamgolding.co.za
Cell: +27 (0) 82 901 9567
Peter Bruil
Email: peter.bruil@pamgolding.co.za
Cell: +27 (0) 83 384 0584
Office: +27 (0) 21 852 5155
Web Access: PGLAG1016038
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SOUTH AFRICA - WESTERN CAPE - BOLAND (WINELANDS) - SOMERSET WEST
R8.8mil
Self-Catering Apartments
Situated on a beautiful manicured property of approximately 2 200m² with views of the Hottentots Holland mountain range, the location of this establishment offers the advantage of being in close proximity to the tourist hot spots of the area, numerous pristine golf courses, sandy beaches, the Cape Winelands and popular towns including Cape Town, Stellenbosch, Franschhoek and Hermanus.

Accommodation offers 4 high-quality and individually furnished apartments each equipped with:
• Bedroom
• living room
• fully equipped kitchen
• television
• internet access.
• Separate Lapa as entertainment area for the guests.

All the apartments have their own separate entrance and private garden and measure between 60 and 90m2 each. Separate, very comfortable 350m2 owner’s house, 3 bedrooms, 2 bathrooms, large live-in kitchen, very spacious double volume lounge, office, laundry, cold store, 3 garages and a store room .

Tropical garden with swimming pool and braai facilities. The very strong borehole ensures a green and lush garden throughout the year. Ample parking is available to guests.

This is ideal accommodation for tourists and golf players. Average length of stay varies from 1 week to 8 months. Ideal to accommodate the Swallows from Europe.

Enjoy a great private lifestyle combined with additional income from these very upmarket self-catering apartments equipped with the highest quality finishes.

Property Size: 2 200m²
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Contact:
Leonard Brewer

Email: leonard.brewer@pamgolding.co.za
Cell: +27 (0) 82 901 9567
Peter Bruil
Email: peter.bruil@pamgolding.co.za
Cell: +27 (0) 83 384 0584
Office: +27 (0) 21 852 5155
Web Access: PGLAG1016184
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SOUTH AFRICA - KWAZULU-NATAL - SOUTHERN KWAZULU-NATAL - SCOTTBURGH - PARK RYNIE
R28mil
3-Star Caravan Resort
A seaside caravan resort paradise of 22 park-like acres offering outdoor life, peace, abundant birdlife and a family atmosphere along a safe, secluded beach.

This establishment offers a variety of caravan sites, cottages and chalets, sparkling pool, playground, bar and entertainment area.
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Contact:
Ian Bannerman
Email: ian.bannerman@pamgolding.co.za
Cell: +27 (0) 82 927 7337
Corinne Lategan
Email: corinne.lategan@pamgolding.co.za
Cell: +27 (0) 82 789 1915
Office: +27 (0) 31 765 2557
Web Access: PGLD1016901
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SOUTH AFRICA - KWAZULU-NATAL - SOUTHERN KWAZULU-NATAL – SCOTTBURGH
R15.9mil
4-Star Guesthouse on the Indian Ocean
It is not often that we come across a property of this calibre.

Situated on an enormous piece of land, the 8 luxury units are let either as self catering units, or as 20 individual B&B suites. The beach is directly accessible over the Scottburgh golf course fairway in front of the property.
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Contact:
Ian Bannerman
Email: ian.bannerman@pamgolding.co.za
Cell: +27 (0) 82 927 7337
Corinne Lategan
Email: corinne.lategan@pamgolding.co.za
Cell: +27 (0) 82 789 1915
Office: +27 (0) 31 765 2557
Web Access: PGLD1012257
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SOUTH AFRICA - KWAZULU-NATAL - DURBAN METROPOLITAN - DURBAN – MORNINGSIDE
R21mil
5-Star Boutique Hotel
This 1928 colonial manor has been beautifully restored to its former glory and now caters to the upper echelons of the corporate and leisure market who demand discretion, privacy and unobtrusive 5 star service.

Spacious, individually decorated rooms offer luxury and style with king size beds and fully appointed bathrooms with separate showers. The luxury Manor House suites have balconies providing 180-degree views of the sea and a bird’s eye view of the Moses Mabida Stadium.

The Coach House offers superior deluxe suites with private courtyards with outside Jacuzzis and indoor / outdoor showers. The elegant Drawing Room provides an intimate and private meeting place to relax in sumptuous comfort. Carefully selected staff of this well patronized establishment ensures that the needs of the customers are well taken care of.

Additional Building(s) & Living Areas:
Pool Bar, Restaurant, Staff Accommodation
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Contact:
Ian Bannerman
Email: ian.bannerman@pamgolding.co.za
Cell: +27 (0) 82 927 7337
Corinne Lategan
Email: corinne.lategan@pamgolding.co.za
Cell: +27 (0) 82 789 1915
Office: +27 (0) 31 765 2557
Web Access: PGLD1016552
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SOUTH AFRICA - KWAZULU-NATAL - NORTHERN KWAZULU-NATAL – MTUBATUBA
R6.5mil
Foreign Tourists Destination of Choice in St Lucia Wetland area
This unique establishment with a 16 year track record, catering to the discerning overseas tourists exudes character, charm and hospitality. This is what one hopes for but seldom enjoys when travelling.
The 9 en-suite rooms have all been individually decorated with antique furniture and country cottage fabrics and open onto 2 acres of subtropical garden.

A sociable bar and beautifully designed guest restaurant has helped earn this establishment its reputation as one of the foremost destinations servicing the Umfolozi, Hluhluwe and St Lucia Wetland area.
Long standing relationships with other attractions in the area add to the business income of this highly successful enterprise.
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Contact:
Ian Bannerman
Email: ian.bannerman@pamgolding.co.za
Cell: +27 (0) 82 927 7337
Corinne Lategan
Email: corinne.lategan@pamgolding.co.za
Cell: +27 (0) 82 789 1915
Office: +27 (0) 31 765 2557
Web Access: PGLD1013610
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IN THE BUSINESS OF HOSPITALITY
Hospitality Highlights
South Africa’s Hotel Industry performance and resilience continues to surprise many, despite the industry as a whole experiencing a 2009 rand value decline in Revpar of 9.8% (revenue per available room).


Notable insights include:
1. The December 2009 STR global report shows the region referred to as Africa & The Middle East with the highest year to date Revpar figure calculated in U.S. Dollars – a figure that out performs the Americas with a huge margin (72.1%), Asia Pacific with a considerable margin (31.2%) and Europe by 18.4%
2.

The Southern Africa percentage decline in Revpar for 2009 compared to 2008 is about half the percentage decline in Asia Pacific and Europe.

3.

Considering the areas that experienced the least decline in Revpar this year compared to last year, Southern Africa and Northern Africa hold position number one and number two of the 15 key areas in the world.

4. All of the previous calculations and observations are U.S. Dollar based, extracted from an analysis of the STR Global report for December 2009. If we consider the exchange rate of R7.50 to the dollar at reporting date compared to R8.30 to the dollar at December 31, 2008 the result is no hard currency decline over the year. .
Oversupply
There is currently, in our opinion, an element of oversupply of rooms in certain categories in certain locations in South Africa that is strongly balanced, however, by a definite shortage of rooms in certain other categories and locations.

Foreign Appetite
The foreign appetite for guesthouses and boutique Hotels is without doubt increasing and we continue to experience an increasing demand for consultancy services, valuations and feasibility studies.

Contact Joop Demes CEO - Pam Golding Hospitality on +27 (0) 82 883 2231 or on +27 (0) 21 426 4440
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Pam Golding Property Group Head Office:
Monterey, 12-14 Klaassens Road, Bishopscourt, Cape Town, 7708.
South Africa
www.pamgolding.co.za
 

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