R19,500,000

R19,500,000

Business For Sale in Illovo Beach
No Transfer Duty
Sole Mandate
15 Elizabeth Avenue
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IMMACULATE HOLIDAY RESORT/DEVELOPMENT LAND

Web Ref. CL62
Land size 19541.00 m²
Monthly Bond Repayment
R174,739.75
This immaculate resort is situated on 19 500m2 of prime, level beach front land and offers great development potential with FAR at .35 and coverage 30%.

Currently comprising of luxury self-catering chalets and fantastic camping/caravan facilities PLUS air-conditioned conference centre, entertainment area with heated pool, pub, sauna and childrens play area. With full catering kitchen, restaurant/coffee shop, fully equipped laundry area, admin offices, managers residence and charming 3 bedroom owners residence, all fully walled and secured with controlled beach access.

COMPRISING:

Reception Area, Admin Offices & Tuck shop:
Upmarket 3 bedroom owner’s residence with 2 bathrooms (mes), lounge, dining room,
study, fitted kitchen and private patios
Air-conditioned Function Room – 50 PAX
2 x Lock-up garages, storeroom (and tools) & boiler room

Full Entertainment Area comprising:
Pub – Fully Licenced
Full Catering Kitchen & Restaurant (40 seater)
Under-cover Games Area – Snooker/Table tennis/Foosball machines
Heated Swimming pool with large deck
Braai area and Lapa
Sauna
Trampolines x 2
Beach Volley Ball Court
Wooden playground equipment

1 x 2 bedroom fully furnished house (sleeps 6)
1 x 3 bedroom fully furnished house (sleeps 6)
1 x 1 bedroom garden cottage (Sleeps 2)
4 x 2 bedroom fully furnished wooden chalets (Sleeps 4-6)
2 X 2 bedroom Nu-Tec fibre home (sleeps 4)
1 x Managers cottage (2 bedroom) Park Home
40 x caravan sites with electricity/water connections - situated in tropical, manicured gardens
Fully equipped token-operated laundry / washing / ironing area Scullery Area x 2

2 Ladies ablution blocks, comprising:
a) 3 showers, 3 baths, 7 toilets
b) 2 showers, 2 baths, 4 toilets
2 Men’s ablution blocks, comprising:
a) 4 showers, 2 baths, 4 toilets, wall urinal
b) 3 showers, 1 bath, 4 toilets, urinals
Staff changing area / bathroom:
1 family ablution comprising full bath, shower and hand basin

Perimeter fully fenced & secured with electric fencing, access controlled gate to the beach.
Security Patrolled beach.
Monthly Rates R13,000

Features

Zoning
Mixed Use
Interior
Airconditioning
Furnished
Exterior
Security
Sizes
Land Size 19,541 m²
Additional Amenities
Below Road
Totally Fenced
Electric Fencing
Coastal Beach
Air Conditioner
Fenced Pool
Holiday Resort
Gas Geyser
Water Tank
Listing Info
Date Listed 01-05-26

Disclaimer

While every effort will be made to ensure that the information contained within the Team Seven website is accurate and up to date, Team Seven makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.