Koro Greek Guesthouse on the market for R3,8m (without comm)

1.    The guesthouse is situated on Koro Creek Bushveld Golf Estate with 24 hour access control.  The estate is electrically fenced and security personnel present at all times. Secure parking is available.
2.    The guesthouse was built according to criteria stipulated by the Tourism Grading Council of South Africa and received a four star grading.
3.    Business rights were granted by Modimolle Local Municipality for the establishment.
4.    Business registered as Koro Creek Guesthouse CC (Registration Number 2005/116441/23).
5.    Business registered for VAT (VAT Number 4780238913).
6.    Web domain (www.korocreekquesthouse.co.za) developed, registered and maintained.
7.    Stand size – 1080m2
8.    Building size – 450m2
9.    4 x Air-conditioned, spacious, luxurious and well appointed guestrooms each with a private patio and en-suite bathroom facilities (bath and shower).
10.    DSTV, a safe to keep valuables, mini bar, hot beverage facilities, etc, are standard items in each room.
11.    Main building has a romantically appointed loft dining area, an intimate lounge with fireplace, a cocktail bar and swimming pool.
12.    The bedroom/bathroom, office and private lounge used by the owner/manager are separate from the guestrooms.

13.    Guests have access to the superb 18 hole championship golf course.  The course was designed by the DDV-Design Group and construction and maintenance done by Wonder Gardens who was also involved in the development of the Leopard Creek Golf Club near Malelane (rated as the no 1 course in South Africa for some time) and the links at Fancourt, George.
14.    “Off course” activities in the immediate vicinity include the following:
-    Bird watching on the Estate and at Nylsvlei, South Africa’s biggest wetland area;
-    Sky diving;
-    Horse riding;
-    Hunting;
-    Hiking and nature trails;
-    Quad biking;
-    4 X 4 adventure; etc.
15.    In respect of wildlife, it should be noted that Koro Creek Bushveld Golf Estate is adjacent to a 900 – hectare nature reserve. The reserve is rich in bird life and has a variety of free-roaming wildlife (impala, eland, waterbuck, giraffe, zebra, kudu, warthog, etc). Subject to prior arrangement guests may be allowed access to the reserve in order to enjoy bird watching and game viewing.
16.    Koro Creek Guesthouse has been in operation since June 2007. Details regarding occupancy rate and audited financial statements are available.
17.    Koro Creek Guesthouse during 2007 successfully applied for an incentive through the Department of Trade and Industry (DTI) (in terms of the Small Medium Enterprise Development Programme – SMEDP) in terms of which a tax free incentive will be payable to Koro Creek Guesthouse for a period of three years (3 x R187 000.00). Koro Creek Guesthouse already met the requirements in respect of the first year and a claim for payment (payable during 2009) will soon be lodged with the DTI. The application was dealt with by Indevco Business Consultants and details of the incentive will be made available.
18.    Koro Creek Guesthouse CC is sold as a going concern.

Contact:
Magda Weideman
Cell:  0824650186
Fax:  0866368200
info@korocreekguesthouse.co.za
www.korocreekguesthouse.co.za

Related Stories

• Travel Motives assigns Tourism Portfolio on Australian market
• Travel Motives taps into the Argentinean market
• Bitou Tourism explores Chinese market
• Singita, One&Only and Pezula teams up to capture luxury market
• Meetings Africa to showcase destination 2010 at European Incentive Business Travel Market

FREE  for 30 days

 Email This  Print This