A look at the R130 million beach resort for sale in South Africa – with 2.6km of private coastline
A 63-hectare beach resort in Tsitsikamma, Eastern Cape, is on the market for R130 million – plus VAT.
Pam Golding said that the property’s estate spans 2.6km of pristine and rugged coastline bordering on the on the Tsitsikamma National Park and Marine Protected Area.
The property includes a four-storey, six-suite luxury lodge, several self-catering cottages, and seven-bedroom staff accommodation.
“With the scenic Tsitsikamma Mountain range as a backdrop, the entire estate slopes gently towards the ocean, affording magnificent almost 180-degree ocean views,” said Pam Golding.
“The lodge, cottages and fifteen canvas poolside cabanas cater to private guests, family functions, corporate events for up to 60 guests overnight, and weddings for more.”
“Three cascading glass-walled swimming pools on the edge of the cliff adorn the lodge landscape.”
“A large, well-equipped commercial kitchen caters to small and large groups.”
Pam Golding added that one could turn the lodge into a personal mansion and let the property serve as an equestrian estate or personal playground.
Developers and town planners can also use the property to build high-class lifestyle homes.
Due to the abundant water on the site, the farmland can be upgraded to grow more exotic crops, such as hydroponics and aquaponics, for those who enjoy farming.
“Tsitsikamma is called the adventure capital of South Africa for good reason, and nearby golf courses and beaches add to its appeal.”
Other features of the property include:
- Open plan main bedroom with balcony, built-in cupboards and tiled floors
- Bathroom with basin, bath, shower and toilet
- Dining room with tiled floors
- Family/TV room with carpeted floors
- Kitchen with tiled floors
- Living room with carpeted floors
- Tiled roof
- Face brick walls
- Commercial facilities, including guest lodge
- Exterior features include a boma, enclosed patio and undercover braai area
- Landscaped garden
- Own pool
Rise of travel
Many South Africans are still travelling despite the hard economic environment.
Although the economic environment in South Africa has improved in recent months, interest rates are still at 15-year highs, and many South Africans have seen real decreases in their salaries.
The latest PwC Voice of the Consumer Survey questioned South Africans on their spending intentions in the coming six months and if they expect their expenditure on specific product categories to change.\
Six of ten respondents said that they expected to spend more on essentials, such as groceries, clothing and footwear, over the next six months.
However, only 42% said that they expect to spend more on comfort and luxury goods over the next six months.
Moreover, despite the economic strain many shoppers face, they do not see the present as the appropriate time to purchase durable goods, including electronic devices, sports equipment, and toys.
Nevertheless, travel services are the comfort/luxury goods that will likely see increased spending over the next six months.
Official inflation data also shows that holiday options have become more affordable over the last year.
The Tsitsikamma resort could thus benefit from the increase in local tourism.
Images of the resort in Tsitsikamma can be found below:
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