"The Grand Old Dame of the North" for sale


"The Grand Old Dame of the North"

Tzaneen, Limpopo, South Africa

Negotiable

76 000 000 ZAR

Agent: Cliff Jacobs - Managing Principal Estate Agent
Agent Cellphone: 0844131071
Agent Office Number: 0617166951
Agent Email Address: cliff@exquisitehotelconsultants.co.za
Type: Hotel
Bedrooms: 39
Bathrooms: 39
Showers: 39
Parking: 60
TGCSA Rating: 5 Star


Affectionately known as the ‘Grand Old Dame of the North’, this famous hotel and country estate is steeped in tradition and history. The Coach House Hotel and Spa is a internationally recognised property that has won more than its share of prestigious awards and accolades, including ‘Best Luxury Hotel in South Africa’.

This elegant hotel is spread out across the natural slope of this stunning property, offering guests unobstructed views over the breath-taking Wolkeberg Mountains. The elegant restaurant and dining terrace overlook the manicured lawn and swimming pool offering uninterrupted and scenic views of the verdant and fertile valley below.

The Coach House offers 39 spacious, well-appointed rooms and suites offering every comfort and convenience - each with its own generous en-suite bathroom and separate shower.There are 9 Suites, 25 Premier Rooms with extra long king-size double or three quarter twin beds and 5 standard single rooms. All rooms have private verandas with sweeping panoramic mountain views and are fitted with luxurious percale cotton sheets, mohair blankets, heated towel rails, air conditioning, ceiling fans and personal bathrobes.Other room facilities include: electronic safes, hairdryers, heaters, mini bars and DSTV. The bathrooms have an extensive range of guest amenities and are stocked with fresh flowers, spring water, fresh fruit and homemade biscuits daily. The Suites and Premier Rooms all have inviting log fireplaces.

This property is set on a spacious 65 Acre estate that features manicured gardens, macadamia nut plantation , kiwi fruit plantation, natural streams, dam and of course the famed Agatha Spa. The spa houses a full fitness centre, indoor heated swimming pool, individual treatment rooms, hydro therapy rooms and some of the best views available in Southern Africa.

The Coach House Hotel & Spa has been home to many a famous wedding and offers multiple outdoor and indoor locations. Our elegant conference facilities can cater to small exclusive functions right up to larger groups and events. This stunning property is a heritage hotel standing on the site of the original staging post built by Heinrich Schulte Altenroxel and Conrad Plange in 1892. The hotel is a treasure chest of historical pieces and antiquities. There are very few properties on the African continent that have the ability to take guests back to an era of colonial excess and silver service. 

This property is a gem waiting to be polished by the right investor with passion and vision. 

The Property has:

Classic Single Rooms

Double bed, Shower, Bath, Air conditioning, Mini bar (stocked upon request), Safe, DSTV and TV.

Premium double Room

Double bed, Shower, Bath, Air conditioning, Fireplace, Mini bar (stocked upon request), DSTV, Veranda and lounge.

Premium Twin Rooms

Twin beds, Shower, Bath, Air conditioning, Fireplace, Mini Bar (stocked upon request), DSTV, Veranda and lounge.

Suite King Rooms

King size beds, 2 Bathrooms with shower and bath, Fireplace, 2 TV’s, Lounge and balcony.

Twin Suites

Twin beds with sleeper, Couch in lounge, Fireplace, 2 Bathrooms with shower and bath, TV, Balcony, Separate lounge, Mini bar (stocked upon request) and TV with DST

Zeederberg Restaurant

The Zeederberg Restaurant is a fine-dining establishment known for its exceptional menu. The Executive Chef and team use only the freshest seasonal ingredients, sourced locally, like the Lunsklip River trout, Bonsmara beef and sub-tropical fruits and nuts. Tantalize your taste buds with mouth-watering lunches and candle-lit dinners from the à la carte menu where vegetarian and special dietary requirements are easily catered for.

The John Buchan pub

Enjoy a pre-dinner aperitif in the historic and inviting John Buchan Bar or enjoy an after dinner drink in front of the warm and inviting fireplace.

Agatha Spa

Feel the stress simply melt away in the tranquil surroundings of the Agatha Spa where traditional hydrotherapy meets modern health and wellness techniques. Coupled with the intoxicating natural beautyof the Wolkeberg Mountains - you have all the right ingredients for an unforgettable day at the Agatha Spa.

Serala Lounge with fireplace

After dinner, relax in front of the log fire in the comfort of the gracious Serala lounge and peruse one of our many coffee table books.

Conference facilities

Just four hours drive from Johannesburg and three and a half hours from Pretoria, the Coach House Hotel is the ideal conference venue in the magnificent Drakensberg Mountains. We enjoy a delightful, malaria-free climate all year round in an environment that never fails to be an inspiration to all. Enjoy team building in the comfort of our fully equipped conference venues and when the hard work is done there is an abundance of activities to help you relax.

Wedding facilities

Whether it is a large or intimate occasion, the Coach House offers a variety of wedding venues to turn your dreams into reality. If your special day involves a lunch with family and close friends or an opulent banquet for a hundred guests, Coach House has the perfect setting.

Development Potential

The largest growth of tourism globally in the last ten years has been in niche markets, specifically Health & Wellness, Eco-Tourism and Culinary Tourism. Coach House is uniquely situated on a direct route to and from Kruger National Park, which is one of the world’s greatest natural attractions, drawing tourists from across the globe. Coach House Hotel and Spa has a well established international reputation with a large and established client base.

The unique opportunity that Coach House represents is limitless with plenty of room for expansion and development. The property could easily be converted to create a Spa & Wellness retreat and is already set up for culinary tourism. The estate offers the opportunity to be fully self sustainable and profitable through organic farming and other profitable eco- initiatives. The Cashew Plantation and Kiwi fruit Orchards could easily be upgraded and expanded to create a highly profitable return on investment.

Real Estate potential - for the visionary investor the estate offers enough acreage to do subdivisions and develop a small to mid-sized Real Estate Development, already anchored with a full service luxury Hotel and Incredible Spa.

The Coach House Hotel and Spa is offered for sale including all freehold title to the entire estate, the fixtures, fittings and equipment currently on site and an existing operational Hotel and Spa. The property is ideally positioned for investors taking advantage of the weaker Rand to Forex exchange rates and would be the ideal owner/ investor project for those that are looking for a sound investment with the added and perhaps more importantly - attractive lifestyle element. Current new build hotel development costs in South Africa differ from Country Hotels to City Hotels, “all in” development costs in South Africa can vary greatly... Currently it would cost around Rand (ZAR) 100 000 000.00 to build a similar facility to Coach House, without the Plantations, History, Heritage and Antiques. The Hotel and Estate is priced to sell “as is” for a highly attractive rate of Euro €5 900 000.00 (Five million and nine hundred thousand Euros)

This property will not be on the market long, she offers a unique opportunity for clients that have the vision and passion to take Coach House to the next level.

The Wolkberg Mountains that surround the Coach House Hotel and Spa are one of South Africa’s best kept secrets. The mountain range covers over 24,000 hectares and it makes for a true wilderness experience. The Wolkberg Mountains is a hiker’s paradise. The area is famous for its subtropical climate and fertile farmlands, aptly nicknamed ‘The Citrus Capitalof the North’. Famous for it’s Citrus Crops, Tea Plantations, Avocados, Macadamia Nut Plantations and Forestry.

The area surrounding Coach House Hotel and Spa is steeped in history and was the home of many a famous character such as: Sir Percy Fitzpatrick of ‘Jock of the Bushveld’ fame and Sir John Buchan the founding governor of Canada.

Coach House Hotel and Spa occupies only a small section of the expansive 65 acre estate. The estate features pathways, gentle slopes, valleys, natural forest, streams, macadamia plantation, kiwi fruit plantations and a small yet beautiful lake. The property has the perfect balance of sunshine with a southerly aspect, the estate enjoys the perfect orientation for agriculture,plantations and for a real estate development, ensuring the perfect balance of sunshine, warmth and light. Natural slopes with gradual inclines create the perfect opportunity for developers looking to maximise R.O.I (Return on investment) by offering more high value sites and stand locations.

Limpopo is South Africa’s northern most province, lying within the great curve of the Limpopo River. It is a region of contrasts, from true bushveld country to majestic mountains, primeval indigenous forests,unspoilt wilderness and patchworks of farmland. The province borders the countries of Botswana to the west, Zimbabwe to the north and Mozambique to the east. In the eastern region lies the northern half of the magnificent Kruger National Park, a nature reserve teeming withAfrican wildlife in a total area roughly the size of Israel. Limpopo is the gateway to the rest of Africa, with its shared borders making it favourably situated for economic cooperation with other parts of southern Africa.

The Maputo Development Corridor is to link the province directly with the Port of Maputo in Mozambique, creating development and trade opportunities, particularly in the southeast. Limpopo connects to the corridor via the Phalaborwa Spatial Development Initiative, a network of rail and road corridors linked to major seaports. This is complemented by airports in centres such as Phalaborwa and Musina, as well as the Gateway International Airport in Polokwane. The capital is Polokwane, located in the middle of the province. Further north is Modimolle, the hub of the local table-grape industry set near the beautiful Waterberg mountain range; Makhado at the foot of the Soutpansberg mountains; and Musina, with its thick-set baobab trees.Other important Limpopo towns include the major mining centres of Phalaborwa and Thabazimbi, and Tzaneen, a producer of tea, forestry products and tropical fruit. Bela- Bela, with its popular mineral water baths, is near the southern border.

Through the centre of the province runs the Great North Road, an important route into Africa, which crosses into Zimbabwe at the major border post of Beit Bridge. The land and its people.  with a total area of 125 755 square kilometres, Limpopo is slightly larger than the US state of Pennsylvania. It’s the fifth-largest of the country’s nine provinces, taking up 10.3% of South Africa’s land area and with a population of 5.4-million people.

The principal home language is Sesotho, spoken by more than half the population, followed by Xitsonga and Tshivenda. Limpopo is in the savanna biome, an area of mixed grassland and trees generally known as bushveld. A summer-rainfall region, the northern and eastern areas are subtropical with hot and humid summers and mist in the mountains. Winter is mild and mostly frost-free. Rich in natural beauty, culture and wildlife,

Limpopo has a thriving tourism industry. In addition to the Kruger National Park, there are 54 provincial reserves and several luxury private game reserves. It’s also home to the Mapungubwe Cultural Landscape, one of the country’s eight World Heritage sites. South Africa’s first kingdom, Mapungubwe developed into the subcontinent’s largest realm, lasting for 400 years before it was abandoned in the 14th century. Its highly sophisticated people traded gold and ivory with China, India and Egypt. Valuable archaeological artefacts have been discovered in the area, which lies on the open savannah of the Mapungubwe National Park at the confluence of the Limpopo and Shashe Rivers.

Limpopo’s rich mineral deposits include platinum group metals, iron ore, chromium high- and middlegrade coking coal, diamonds, antimony, phosphate and copper, as well as mineral reserves such as gold, emeralds, scheelite, magnetite, vermiculite, silicon and mica. Base commodities such as black granite, corundum and feldspar are also found. Mining contributes to more than a fifth of the provincial economy. The province is a typical developing area, exporting primary products and importing manufactured goods and services. It has a high potential for development, with resources such as tourism, rain-fed agriculture, minerals and abundant labour offering excellent investment opportunities.

The bushveld is cattle country, where extensive ranching operations are often supplemented by controlled hunting. About 80% of South Africa’s hunting industry is found in Limpopo. 

Sunflowers, cotton, maize and peanuts are cultivated in the Bela-Bela and Modimolle areas. Modimolle is also known for its table-grape crops. Tropical fruit, such as bananas, litchis, pineapples, mangoes and pawpaws, as well as a variety of nuts, are grown in the Tzaneen and Makhado areas. Tzaneen is also at the centre of extensive tea and coffee plantations. Limpopo, known as the “garden of South Africa “produces about the majority of South Africa’s mangoes, papayas, avocados and tomatoes. As well as thousands of tons of potatoes, the province also produces tea, citrus, bananas, and litchis in abundance. Extensive forestry plantations are also found in the region, including hardwood for furniture manufacture. In addition to commercial agriculture, subsistence farming is the mainstay of a large section of the rural population.

One of the local legends holds that it was King Makgoba himself who described the area where the town of Tzaneen is now situated as ‘Tzaneng – the happy land’. Other explanations were that the name originated from the word ‘Tzana’ which means ‘basket’, thus describing the way that the town of Tzaneen is surrounded by hills. These are all very appropriate explanations and acceptable for a town that lies peacefully and contentedly at the heart of South Africa’s richest sub-tropical fruit growing region. 

To the south of Tzaneen is Agatha, the home of Coach House Hotel and Spa this stunning area provides exquisite views of the Drakensburg Mountains, and the Letsitele Valley below. South East of Tzaneen is Nkowankowa and further along, the citrus town Letsitele. Towards the North Easterly area outside Tzaneen, is the quaint town of Modjadjiskloof/Duiwelskloof. Past this town is the world famous Modjadji Cycad Forest, a nature reserve where South Africa’s largest stock of Modjadji cycads can be found. Tzaneen and the Letaba District are only an hour’s drive away from the Kruger Park’s Phalaborwa Gate.

Tzaneen is the second largest town in the Limpopo Province and is surrounded by low hills that slope up to the towering peaks of the Northern Drakensberg. Tzaneen has beautiful trees and gardens and the high rainfall and warmth of the Lowveld ensures that everything grows in rich profusion. The inhabitants of Tzaneen are mostly farmers and business people and the area is well known for its strong economic growth.

Cost Comparison

Current HVS Global Cost Comparism on Developing 4- 5 Star Hotels Global New Development Cost Survey 2012-203 Hotels and Resorts HVS:
Category: Hotels & Resorts
Rating Cost per key(Low) Cost per key(High) Rand(ZAR)(Low) Rand(ZAR)(High)
4 Star $ 450 000.00 $750 000.00 R4 950 000 .00 R8 250 000.00
5 Star $750 000.00 $1 000 000.00 R8 250 000.00 R11 000 000.00
Current International costs vary greatly from new builds through to heritage properties, however stacked against the European and US markets the Coach House offers investors an incredible value proposition. Building a similar property in Europe or the US would currently cost a minimum of € 16 000 000.00 (Sixteen Million Euros). Which will translate to a capital investment of well over ZAR R 232 000 000.00 ( Two Hundred and Thirty Two Million Rands).





Contact agent
Key features
  • This iconic hotel offers 39 spacious, well-appointed rooms and suites offering every comfort and convenience - each with its own generous en-suite bathroom and separate shower.There are 9 Suites, 25 Premier Rooms with extra long king-size double or three quarter twin beds and 5 standard single rooms. All rooms have private verandas with sweeping panoramic mountain views. The Suites and Premier Rooms all have inviting log fireplaces.
  • The hotel has been home to many a famous wedding and offers multiple outdoor and indoor locations. Our elegant conference facilities can cater to small exclusive functions right up to larger groups and events. Wedding facilities: whether it is a large or intimate occasion, the House offers a variety of wedding venues to turn your dreams into reality. If your special day involves a lunch with family and close friends or an opulent banquet for a hundred guests, this wonderful hotel has the perfect setting.
  • This stunning property is a heritage hotel standing on the site of the original staging post built by Heinrich Schulte Altenroxel and Conrad Plange in 1892. The hotel is a treasure chest of historical pieces and antiquities. There are very few properties on the African continent that have the ability to take guests back to an era of colonial excess and silver service.
  • This property is a gem waiting to be polished by the right investor with passion and vision.
  • The Zeederberg Restaurant is a fine-dining establishment known for its exceptional menu.
  • The John Buchan pub: enjoy a pre-dinner aperitif in the historic and inviting John Buchan Bar or enjoy an after dinner drink innfront of the warm and inviting fireplace.
  • Agatha Spa: Feel the stress simply melt away in the tranquil surroundings of the Agatha Spa where traditional hydrotherapy meets modern health and wellness techniques.
  • Serala Lounge with fireplace: after dinner, relax in front of the log fire in the comfort of the gracious Serala lounge and peruse one of our many coffee table books.
  • Conference facilities: just four hours drive from Johannesburg and three and a half hours from Pretoria, this establishment is the ideal conference venue in the magnificent Drakensberg Mountains.
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Cliff Jacobs

Managing Principal / CEO

Exquisite Hotel Consultants (Pty) Ltd 
Cape Town 
SOUTH AFRICA

Mobile: +27 (0) 84 413 1071 / +27 (0) 061 716 6951
Telephone: +27 (0) 21 554 0283
Email: cliff@exquisitehotelconsultants.co.za  
Skype: cliff.jacobs

Terms and Conditions apply

 




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