8 685 m² Land available in Durbanville Hills

Description

Boutique Hotel Development in Durbanville Wine RouteBoutique Hotel Development Opportunity in Durbanville Wine RouteAn 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 weddingfunction 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 SecuredThe 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 ObtainedStrong Hospitality FundamentalsComparable 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&ampB 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 VATNo transfer duty payableContact Anel Meiring from REMAX EIKESTADPILLAR PROPS 22 PTY LTD trading as REMAX Eikestad Stellenbosch operates in terms of a franchise agreement with REMAX of Southern Africa.

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Portal facts

Land size

8 685 m²

Listing date

12 Jun 2026

Property type

Residential Land

Listing number

T5519487