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Stunning Lodge For Sale

An absolute rare find in the heart of Colesberg is the Colesberg Lodge. It is the perfect stop-over for travelers between Gauteng/Limpopo/Mpumalanga/Free State and the Western- and Eastern Cape. The beautiful town of Colesberg is linked to all the main national roads leading to Johannesburg, Port Elizabeth, Cape Town and Durban. The Lodge, previously the Central Hotel, was established during 1874 and is a real beacon in the area. The property was recently painted and is in excellent condition.
The accommodation options range from luxury suites to the budget friendly, value-for-money rooms with a 72% booking in December 2023, unfortunately the bookings were lower during the year.

The Lodge will be the perfect investment for the visionaries! There is a spacious lounge, where one could unwind and on chilly winter nights, this room also boasts a country-style fire and allows guests to bask in its warm glow. Or enjoy a relaxing day and freshen up on the pool deck and pool bar on a hot summer’s day! What more can you ask?
The lodge will be sold as a going concern and the purchase price excludes VAT.
This historical Lodge offers:
• 50 Bedrooms (35 Rooms used for hotel)
• 44 Bathrooms
• Swimming Pool
• 2 Fully equipped kitchens
• Conference facilities
• 2 Storerooms
• Laundry
• Secure undercover Parking
• Staff Quarters
• 2 Outside buildings.

Additional accommodation includes a 2 residential homes consisting of:
• 4 Bed room house
o 2.5 bathrooms
o Kitchen
o Dining Room
o Living room
o Built-in Braai leading to patio area
• 3 Bed room House
o 2 Bathrooms
o Kitchen
o Dining and living room
Colesberg is the place where I was born and bred. I love this beautiful town nestling between “klip-koppies”. A town with such a RICH HISTORY. It was founded in 1830 on an abandoned station of the London Missionary Society, and initially named Toverberg after a nearby hill (we know it as Coleskop), it was renamed Colesberg after Sir Galbraith Lowry Cole, then Governor of the Cape Colony during the time 1828 - 1833.
Stone-age hunter-gatherers were the 1st inhabitants and were followed by “trekboere” and missionaries later in the 19th century. During 1814 a mission station was established here and within a short time a 2nd mission station was established nearby. These mission stations attracted lots of San people (we called them bushmen) and the “trekkers” start feeling unsafe and approached the Cape Colonial Government who stepped in and stop the mission work.
Several farms were established by 1822 and the farmers wanted the Government to established a town. The Government granted 15538,8246 ha to the Dutch Reformed Church during January 1830 and Colesberg was established and named after Sir G Lowry Cole. The district of Coleberg was proclaimed during February 1837 and the town became a Municipality in 1840.
Colesberg is well known for excellent farm land, the typical Karoo veld and the koppies are synonym with this beautiful town. In the district you will find huge farms, (for ages in the same families) beautiful farm houses and families making a living from Merinos (wool), Dorpers, Horses and also a small part doing irrigation from the Seekoei-river.

Features

0
50
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
6,031m²
Land Size
6,031m²
Parking Bays
Open Parking Bays
50
Extras
ADSL • Accommodation • Second House • Secure Parking • Air Conditioning Unit • Entrance Hall
 
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Transfer Costs

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Transfer Duty
Postage and Petties:
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Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

222,656.40

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