AUCTION STARTED ON
2025-10-01 09:00
Auction Format: Timed Auction
Currency: ZAR
Auction Turnover: R 0
KAREN STOLTZ AUCTIONS : Property Auction
PresentedBy By: Karen Stoltz Auctions
Contact No: 0612172986
Email: karenestateagent@yahoo.com
Location: Coffee Bay, Wild Coast, Eastern Cape
Start: 2025-10-01 09:00
End: 2025-11-28 09:00
Tax on Fees: 15,00%
Currency: ZAR
Hotel Resort Next to the Beach at Wild Coast
Hotel Resort situated Next to the Beach at Wild Coast. High in Holiday demand, famous world visitor Attraction area, on consent Auction for Sale. Situated in a famous International Tourism Attraction area of South Africa the Wild Coast in Eastern Cape. The Minister of Tourism have funds available for the development of the Hotel on application by the Purchaser after the transfer to the Purchaser's Name. The Purchaser will be successful with such an application for improvements to the Minister of Tourism and can have upto a value of R141 000 000.00 (one hundred and forty one million rand) available for upgrading of the Hotel Resort in this famous area (a plus point on this purchase). The property sale consist of :
Hotel with 13 rooms,
staff accommodation,
Managers Housing
Bar,
Restaurant,
Spa,
Reception reservation area,
Backpackers,
3 bedroom guests houses x 3,
4 bedroom guests chalets x 1,
3 bedroom guests chalets x 4.
10 stands vacant land to build on (plot and plan),
Swimming Pool,
Resort communal areas,
Kids play ground,
Furniture inclusive
Specified resort operational equipment inclusive
Security post and normal fence
The compete property is share block
***39.0% ***shares sale consist of the above mentioned, price offered at present on Auction Platform. The Resort for Sale is in a Prime area of Eastern Cape, Wild Coast, South Africa, bidding start on the reserve Price (in Euro) 429,313 Euro (four thousand twenty nine thousand and three hundred and thirteen euro), excluding vat and Excluding Buyers/Bidders Auctioneer 10% commission. Contact to make an offer (T&C apply) +27612172986
VIEWING
Buyer viewing refer to a payment of a viewing fee per person R1500.00, viewing fee payable upfront before viewing and bidding registration online compulsory for offers/, Bidding. The Auctioneer will provide Free Accommodation for 3 days excluding transport and meals. Viewing should be done before 15 November 2025. Be reminded that it's compulsory to register on the online Auction Bidding Platform.
SITUATED - AREA
Hotel Resort situated at the Beachfront in Eastern Cape, Wild Coast, South Africa, famous world visiting AREA - THE HOLE IN THE WALL
Google maps https://maps.app.goo.gl/SJpKqu8rqDnK5ewm7
For any queries : Contact via whatsup or phone call +27 612172986 or
email karenestateagent@yahoo.com, T&C apply.
FINAL BIDDING DATE
Online Bidding Final Date 15 November 2025 and the final Venue date last day of Auction 28 November 2025( the closing of auction on online platform registrations will be 28 November 2025) the Venue will be advertised As of 15 November 2025. Entry fee at the venue. Compulsory registration on the online platform for the venue bidding. Final bidding date 28 November 2025.
Google maps link : https://maps.app.goo.gl/SJpKqu8rqDnK5ewm7
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