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R4,552,000

UNIQUE AND DIFFRENT COUNTRY HOTEL FOR SALE

The Hermon Hotel, circa 1894, is one of the very few old-fashioned country hotels still in existence - less than an hour's drive from Cape Town.

Hermon, where the hotel is situated, is a relatively tiny hamlet on the edge of the Riebeek Valley, 9.8 km from the well-known Riebeek Kasteel, 8 km from Porseleinberg and approximately 24 kilometres from both Wellington and Malmesbury. Mountain backdrops, rolling wheat fields, vineyards wide-open spaces and fresh air.

ZONING: Farm 25/7 Hermon is zoned Split Zone comprising of a Multi-Unit Housing Zone and Neighborhood Business Zone in terms of the Drakenstein Municipality Zoning Scheme Bylaw of 2018.
PERMITTED PRIMARY: Apartment building; Community residential; Dwelling house; Group housing; Hostel; Lodging accommodation; Second dwelling house; Third dwelling unit; Visitor's accommodation
PERMITTED ADDITIONAL: Restaurant (on ground on activity street ); Shop; Utility services
GRADE 3B heritage resource within the approved Drakenstein Heritage Survey 2013.
BAR and OFF-SALES included
VAT registered

The Hermon Hotel, brimming with authentic character, a lucrative "old school" off-sales and a legendary watering hole /bar - for those who dares to call this home and live their lives differently. Remember "The Best Exotic Marigold Hotel" a 2011 British comedy-drama film, directed by John Madden? Well, this is as close as you can get to create just that.

Besides investors and property developers, a viable financial solution for those wanting to semi grate from the North to the wonderful Cape Winelands too. - a once in a lifetime opportunity to be grabbed ASAP.

Whether you want to turn it into a retirement facility with family, friends or likeminded folk, run it as a "Fawlty Towers" establishment, attract visitors and writers /artists from all over the world, wedding venue, rental units, health farm and or spa, the lists continues.

The Hermon Hotel offers more then what you have just read - it is about history, authenticity and a stunning gnarly 125 year old Pepper tree in an eclectic garden,

Give us a call today and let us introduce you to this elderly and famous lady /gent!?

Features

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0
Title:
Freehold
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,000m²
Land Size
2,024m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
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%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

63,349.70

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