Commercial Property for sale in Komatipoort
Komatipoort

Price ZAR18,500,000

Commercial Property For Sale in Komatipoort

Land Size: 5 hectares

Globally acclaimed, dynamic, self-contained lodge, (formally three star graded, however at least) four star plus quality, with an excellent booking rate, (financials available to willing and able buyers), onto 5 plus hectares of land, with a 380 meter river front.

AA quality assured, with bookings for more than 18 months ahead, it is remarkable what the owners of this unique lodge has crafted from the 5 hectares vacant land, they acquired in 1999. The land fronts the Nkomati River, not far from the confluence of the Nkomati/Crocodile rivers, in the border town Komatipoort. 
More than 2 hectares of land can still be developed. Considering the SEZ development in Komatipoort – approved by Nkomazi Municipality, several possibilities exist.
The development is self-contained, with electricity directly from Eskom and a back-up generator with the capacity to maintain the whole lodge, water from borehole. 
The owners also own the adjacent land where their private residence is, and which could be acquired at value, additional to the lodge. Particulars are available.  The water feed is from that portion of land, and the residence enjoys electricity supply from the lodge. Servitudes provide for that.
The lodge comprises of  14 chalets, 6 two-bedroom cottages, a restaurant, bar and pool facilities. Each room enjoys air conditioning, flat screen televisions and digital safes. Bathrooms are en suite.  Rooms enjoy private braai facilities. The cottages are all two bedroom units.
This property is less than 333 meters from the N4, yet offers the tranquility and serenity of the town, river and bushveld. The location is excellent to tap maximum bookings from the three countries South Africa, Mozambique and Swaziland, and it is popular and well booked by tourists visiting Kruger.
The history of Komatipoort has left its footprint here too - the 1875 railway bridge (national heritage) and the 1952 Mkhonto low water bridge (national heritage) flank the lodge.
The property is well managed and a hand over will be relatively easy with no loss of goodwill. Well cited on the web portal: “The attention to detail and hands on management style of this family owned property ensure that Komati River Chalets is the ideal destination for the adventurous traveler.” All rooms recently enjoyed upgrades.
Although the land falls within the urban edge of the formal Komatipoort Town Planning Scheme, as mentioned, this lodge is a self-contained unit with own water means and should the Eskom supply fail, it has an adequate backup generator.
More information is available on request. 
Financials are available and will only be availed after a non-disclosure agreement is signed and the purchaser convinces the seller of means to buy.
Viewing strictly after arrangement through the agency

 

Sorry! There are no available floor plans for this property.
Sorry! An EPC is not available for this property.

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Ref: 1697042

Agent Details

Jan Engelbrecht
PRIMARY CONTACT
T: +27 (0)13 790 0898
M: +27 (0)82 784 5682
jan.e@fineandcountry.com

Fine & Country Lowveld Kruger South

Komati Square
Komatipoort
Mpumalanga
1340
South Africa

T: +27 (0)82 784 5682
E: jan.e@fineandcountry.com

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