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  • Free State
Price £8,000,000
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Property Description

Emoya Estate is a unique piece of land on the border of Bloemfontein and the only land in the Free State as big (270hectares) within the peri-urban designated development area. The rezoning application have been lodged and almost all the approvals have been obtained for a hotel, 9 lodges, a Spa and longer term accommodation for delegates.

The following have already been established.

32 Species of Game already established like Giraffe,Blackwildebeest,Kudu,sable,Gemsbuck ect. Cheetah Breeding Facilities with 4 Cheetahs, Wild Dogs and Caracals already established.
" De Spookhuijs Restaurant" already established.
Boma with Conference facilities already established.
Golf Course in full swing.

In the light of the 2010 Soccer World Cup more than 25,000 beds are needed in Bloemfontein and the Council strongly support tourism developments for this area. Deloitte have done a Feasibility Report and is available for your interest. This indicator shows that already established market share is prepared to move to newer, more modern facilities at a higher price per room, making the opportunity to participate in a hotel development attractive at this time.
Furthermore with the Golf Course already being developed, a Golf Estate would also be very feasible, where the estate lies in the northern suburbs of Bloemfontein being the more up market area and stands around Emoya Estate ( if you could find any) sell for at least 1,5 million to 2 million per stand.

If the estate being rezoned a total of at least 400 stands could be established on the golf estate.

Valuation of Assets present at Emoya Estate £12,000,000
Lapa & Conference Centre
De Spookhuijs Restaurant
Storerooms & Reception
Golf Course
Cheetah Facilities
Game
Art@Emoya - Art Centre & Curio Shop
Electric Fence & Infrastructure
Main House
Additional 4 Houses
267 Hectares valued @ R per hectare

For more pictures and information see their website http://www.emoya.co.za

Make Enquiry....

Property Location

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