Historic Farm & Boutique Hotel in Paarl

Size: 16.7 Ha

Location: Klein Drakenstein

Buildings: Historic Malherbe house (5 guestrooms) – Historic Old School (4 guestrooms and conference room) – garages – large shed – workshop – 5 staff cottages

Homestead + restaurant building + 1 guest cottage are damaged in the fire

Crops: 3 Ha vines (Sauvignon Blanc) + 4 Ha Guavas + 50 olive trees

Water: dam + mountain spring water + fountain for domestic water

Description:

Historic farm with a boutique hotel which closed in January 2017 due to a fire damaging the main homestead, the restaurant building and a guest cottage. Two historic buildings with the guest rooms and the gardens with the old oak trees were saved.
Very reduced price for a quick sale. Going concern. Furniture/equipment in the guestrooms and farming implements are included in the sale. Excellent opportunity. Can be extended with 46 Ha of undeveloped land

Asking Price: R 8 000 000 + VAT at zero-rating