Buy this fine property with the existing multiple revenue streams.
DVine Farm Estate, as a commercial sports and lifestyle destination, presents exciting potential for revenue due to its diverse portfolio and strategic location with the high-traffic N1 toll road and R101 national road that run through the property for almost 2km.
DVine Estate's commercial value is evident from the following profit centres:
The profit centra are as follows:
A. DVINE EVENTS:- DVine Estate's natural amphitheatre creates the opportunity for many outdoor social activities, with ample parking, too. Various events, including but not limited to, mountain biking, trail running, extreme obstacle races, musical festivals, etc. Some of the sport events in the past get up to 1 500 entries in the summer and
900 in the winter. The ABSA Cape Epic MT Bike race used us as viewpoint and water point plus landing site for helicopters to refill. More than enough parking for big events.
DVine's unique positioning for various kinds of sport events presents an appreciable opportunity for future agreements with many sporting coordinators and development of a unique DVine events brand, such as DVine Mountain Biking', 'DVine Trail Running;, 'DVine Extreme Obstacle Racing' and 'DVine Music Festivals', with the appeal of ensuring a higher net return on self-organized events when compared to the reliance on commission agreements with independent contractors.
B. DVINE WEDDINGS & FUNCTIONS: -Tne main venue can seat 300; Dam Venue can seat 160 people, Shiraz venue about 80 people plus a potential bush venue development under poplar trees
C. DVINE RESTAURANT & KIDS PARTIES: - Restaurant and kids party facilities. Team building and smaller business conferences.
D. DVINE EXPO & ART&CRAFT MARKET: - Permanent Expo and Arts & Crafts Market zoning approved and are not operational.
E. DVINE WATER:
The water supply and water infrastructure consist of:
Water rights from a government irrigation scheme of 61 hours water every 10 days for agriculture purposes.
Underground irrigation system with filters and pumps
4 dams and 5 boreholes.
Additional huge source of natural mineral water.
The water analysis is excellent, and the detailed analysis report from CSIR is available on request.
During the extreme drought conditions of 2017/18, we had an agreement for 2 years to supply 100 000 litre per day to a national bottling company.
The water source is an extremely valuable asset with enormous potential.
F. Accommodation – Multiple dwellings of which the owners stay in one and 8 are with lease agreements. There are also 7 houses for staff.
G. Farming income via lease agreements possible or use about 30 ha for own farming project.
H. Advertising boards/trailers: Opportunity to advertise to millions of people passing on the N1 and R101. Signed agreement with national advertising company to erect boards on their cost near N1 and share the income with Advertising trailers will also create a secure monthly income from advertising on the R101 side of the property.
VAT is payable on the purchase price, or a zero VAT rated transaction can be considered.
Read more...
Show Contact Number
