Bronkhorstspruit solarium, conference centre and spa up for auction

Posted On Tuesday, 15 March 2011 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Auction Alliance will take a solarium, conference centre and spa, situated in the Kungwini Country Estate, Bronkhorstspruit, to auction on March 22. The property will be sold unoccupied

Property-Housing-ResidentialSituated on the banks of the Bronkhorstspruit Dam, the Kungwini Country Estate lies close to Johannesburg and Pretoria en-route to Mpumulanga.

The Kungwini Country Estate is a developing residential area with a mixture of permanent residents and holiday homes. 

The Kungwini Solarium, Conference Centre and Spa is a prominent landmark within the estate and is well positioned close to the estate’s main entrance.

The property is zoned for use as a hotel, with space being earmarked for a seven storey high-rise hotel facility.

The property comprises a spa, solarium and outdoor pool, conference centre, with three conference rooms and coffee shop and bar. The spa area includes reception areas, staff rooms, treatment rooms, lounge, dressing rooms and hair salon. The conference centre consists of three conference rooms, staff sleeping areas and workshop area.

The solarium features an indoor pool (heated) and outdoor pool, razul, two plunge pools, Jacuzzis, ablution facilities, nail bar and kitchen and storage area.

In addition the property contains ample parking, landscaped gardens and a braai area. The spa can cater for up to 50 guests, the solarium 150 guests and the conference centre up to 80 delegates.

Comments Pieter Nel of Auction Alliance, “The variety of facilities offered by the property, coupled with the development potential of a seven storey hotel, which will further enhance its value, makes it a lucrative investment opportunity.”

The auction takes place at 12pm at the Hilton Hotel, 138 Rivonia Road, Sandton.

Last modified on Thursday, 12 June 2014 10:34

Most Popular

Equites Property Fund’ prime logistics portfolio delivers exceptional returns

May 04, 2022
Andrea Taverna-Turisan
Equites Property Fund Limited today announced growth in its distribution per share of…

When is eviction legal? All you need to know about dealing with problem tenants

May 04, 2022
Evictions
Buying an investment property is great, especially when you’ve chosen a good location.…

Money laundering risks on the rise in real estate

May 05, 2022
James George
Property practitioners in South Africa have been identified as potentially vulnerable to…

Fairvest to list on A2X

May 04, 2022
Fairvest Limited has been approved for a secondary listing on A2X Markets and will be…

Dipula reports solid interim results; all conditions precedent for the repurchase of Dipula A-shares fulfilled

May 05, 2022
Izak Petersen
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced…

Please publish modules in offcanvas position.