• 49
  • 49
  • 8 685.0 m2

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Property description

Boutique Hotel Development Opportunity in Durbanville Wine Route 

 

An exceptional opportunity to acquire an 8,685m² fully zoned development site on a prestigious wine farm in the Durbanville Winelands, offering permission for a 49-key boutique hotel. 

 

A key advantage is the existing operational restaurant and established wedding/function venue on the farm, creating a built-in demand base for accommodation through wedding guests, events, corporate functions, and restaurant-related overnight stays. This significantly enhances occupancy stability and reduces market-entry risk for a hotel operator. 

 

Development Approvals Already Secured 

 

The development is substantially de-risked, with key approvals and professional reports already completed:  

  • Approved Site Development Plan (SDP) 
  • Civil Services Engineering Report 
  • Electrical Engineering Report 
  • Approved Elevation Plans 
  • Traffic Impact Assessment 
  • Landscaping Plan Approved 
  • Consent Use Approved by the City of Cape Town 
  • Proposed Development Consent Approved 
  • Final Municipal Approvals Obtained  

  

Strong Hospitality Fundamentals 

  

Comparable boutique hospitality establishments within the Durbanville and broader Cape Winelands region currently achieve: 

   

  • Average Daily Rate (ADR): R2,200 - R4,500+ per room per night
  • Peak Event Weekend Rates: R3,500 - R6,000+ per room per night
  • Average Occupancy Levels: 70% - 85%

Supported by established tourism demand, wine route visitation, weddings, conferences, and destination events.

  

The integrated demand model supports an estimated annual room revenue of ±R34 - R37 million, with additional income potential from F&B and event-related spend increasing total hotel revenue by approximately 30% - 60%.

  

Set within a tranquil vineyard environment with scenic views and strong wine tourism appeal, this site offers a rare opportunity for a high-performing boutique hospitality development in an established destination node.

  

Sale price Excluding VAT

No transfer duty payable

  

Contact Anel Meiring from RE/MAX EIKESTAD

Property Details

  • 49 Bedrooms
  • 49 Bathrooms
  • 49 Ensuite

Property Features