Opening Bid
R10,000,000

Investment

LOT 158

18 Tamboti Street, Arborpark, Tzaneen, 0850

Online Auction
28 Jan 2021 - 28 Jan 2021

Auction will start in:
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Property Description


HIGHLIGHTS


WEBSITE

https://www.tambotilodge.com/


THE STORY

This popular guest house, situated in an upmarket area, is set against the Magoebaskloof Mountains of Tzaneen. This 21-room lodge is surrounded by picturesque tropical gardens including a swimming pool. Various guest room grades available, mixed between economy and standard, upstairs and downstairs units - all fully equipped with en-suite bathrooms. A strong emphasis on quality is seen from the entrance/reception area right throughout the property. 

Additional features include an indoor/ outdoor dining area, a bar and entertainment area, and ample parking for each unit. This is sold as a going concern, with all the latest financials available on request. The Kruger National Park is only an hour's drive away, with many other reserves to explore nearby.


VIEWINGS: Contact Clint Gronbeck (details below) for more information or to arrange a viewing

REGISTRATION FEE: R50 000 (refunded immediately if not winning bid)

BUYERS PREMIUM: 3% ex VAT

NOTE:

Please note the following will be required to register to bid:






DISCLAIMER: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidStream or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidStream or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, or inaccuracy of description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidStream or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor.

Legal Documents

Photos


Contact

 

Clint Gronbeck
[email protected]
Bidstream
060 798 6629
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