Fantastic Accommodation/Restaurant Property now FOR SALE.
It is with excitement that we present you with an overview of an investment opportunity that has become available FOR SALE. Albertinia is an unpolished gem. On fist glance, one can be forgiven for rejecting the investment potential here. This is likely to be a serious misjudgement.
Underneath the somewhat neglected veneer lies fantastic investment potential.
We herewith will present one such opportunity. An establishment created almost 20 years ago, the owners are ready to let go, to rest and scale down their involvement.
1. Zoning - Residential V.
The objective of this zone is to
provide a temporary residence
for transient guests, where
lodging and meals are
provided, and may include a
restaurant and conference
facilities. Outside towns it
should only be considered in
identified tourism areas or
within resorts.
Primary Use: Hotel.
Secondary Consent Use:- Backpackers’ lodge
- Gambling place
- Renewable energy structure
- Shop
Terrain and Buildings:
- 1 X 3 Bedroom House.
- 3 X Bedrooms, two rooms with private entrance. Two Bathrooms. Enclosed Stoep. Kitchen, Lounge, Scullery. Separate studio.
- 3 X Garages. 4 X Carports.
- 6 X Fully equipped Single Self-catering units.
- 6 X Fully equipped Double Self-catering units.
- Linen Room with 2 X Washing Machines.
- Linen Cabinets.
- Staff Toilet.
Self-Catering Equipment:- 12 X Double Beds.
- 18 X Single Beds.
- 12 X TV and Decoders.
- 12 X Fridges.
- 12 X Gas/Induction/Electric cookers.
- 12 X Electric Kettles
- All Cutlery and Crockery.
- Full sets of Linen and Towels.
Caravan Park:- 6 X Caravan Stands with Ablution.
Restaurant:- FULLY LICENSED - ON/OFF SALES
- Seating for 50 pax - inside.
- Covered Patio for 20 pax - outside.
- Pergola with braai - 40 pax - back.
- Cutlery and Crockery for 90 pax.
- 2 X Fridges.
- 2 X Combination Fridge/Freezers.
- 1 X Box Freezer.
- 1 X Coffee Machine.
- 1 X Milkshake Machine.
- 1 X Deep Fryer.
- 1 X Gas Stove/Electrical Oven.
- 1 X Dishwasher.
- 1 X Microwave Oven.
- 1 X Kettle.
- Various Kitchen bowls and buckets.
- Various Mixers, Bain Marie.
Guests:- Local and passing through.
- Office Functions.
- Family gatherings.
- Weddings.
- Self-catering Tenants.
- Campsite guests.
- Car and Motorcycle Rallies.
It is our view that this facility will be best utilized when considering the following:
Socio-economic factors. There is a larger percentage of the general public that struggles with the cost of living. This includes temporary or permanent accommodation.
Age demographics. It is a statistical fact that the world population is aging. The global birth rate falls far behind the global death rate.
Social trends, family dynamics. Due to socio-economics, working adults find the care of their parents more challenging. Live-in care for aging parents places huge demands on families.
Shortage of alternatives. The demand for reliable homes for the elderly is rapidly increasing. Current facilities can not keep up with the demand.
This is certainly true for Albertinia, where the existing homes fall short in availability
Aloe Ferox Solution:
We propose that the entire Aloe Ferox complex be applied as accommodation for elderly citizens. Taking previously mentioned factors into account, Aloe Ferox lends itself perfectly to this market.
There are various options a prospective new owner may consider to achieve this goal.
1. Main house. There is a huge demand for communal living where all facilities are shared between three or four occupants. It may also be applied as “staff quarters” and administrative office.
2. 12 X Existing Flats. These units may be applied as accommodation for single tenants or couples, depending the requirement.
3. Restaurant. The kitchen is ideally located to cater for residents where three meals may be served in the dining hall. Meals may also be delivered to tenants in their rooms or flats.
4. Caravan Park. This space may be better applied if additional Batchelor's or one-bedroom flats are erected. See possible layout plan in image gallery.
5. Day Care. There is a growing demand for daily care of elderly citizens. Active families then rely on Day Care facilities to care for parents while younger adults take care of business.
Existing Albertinia Care Centre.
In a recent discussion with management of this establishment, it became clear that the demand for accommodation facilities of similar nature, far outweigh current supply. This facility currently has a waiting list of 80 people awaiting admission. This may fluctuate over time but, the demand remains high. Current fee structure ranges between R3 500 and R9 500 per month, depending on the accommodation offered. Meals are served according to requirement. Meals are also delivered to the elderly throughout Albertinia.
Management indicated a sincere willingness to co-operate with Aloe Ferox, not only as a solution to waiting customers but also in delivering meals, should this be required.
There is an open invitation to meet in person to discuss all possible points of a co-operative relationship.
We therefore conclude that developing Aloe Ferox to a complimentary facility will be beneficial for any investor. There is no doubt that this is what the market dictates.
You might have other creative way to turn Aloe Ferox into a destination of choice. The proximity to fabulous coastal facilities, the dry climate and safe country environment make it ideal. Should you wish to investigate the possibilities further, please get in touch. We will arrange the required meetings.