Web Ref No RL21319

DVine Estate Expo & Events is situated on the Du Toitskloof Pass Road (R101) in Paarl and about 1 km from the town border which creates the possibility of future residential or industrial development. The property has zoning rights (consent use) to operate several activities.

The busy N1 toll road and the R101 national road run through the property for almost 2km, and therefore create a high-traffic marketing opportunity to millions of passing traffic per year. Tunnels under both roads creates the ideal opportunity to utilize it for various sporting events as it offers safe crossings of these roads. This is one of the reasons why various sport events such as the ABSA Cape EPIC the world’s most prestigious mountain biking event, utilized the property. There is also a huge source of quality natural mineral water from 3 sources. Water for agricultural purpose, from the Hugo’s river water scheme (61 hours every 10 days), fill two dams by opening a 110mm tap with no pump cost because of gravity feeding.

Commercialization of the property is based on the prime location, natural resources, and existing infrastructure. The property with the approved zoning rights (consent use) currently creates various additional income streams such as:

DVINE EVENTS:- Zoning approval for all kinds of 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. The ABSA Cape Epic MT Bike race used the property as viewpoint and water point plus landing site for helicopters to refill. Adequate parking for big events.

DVINE WEDDINGS & FUNCTIONS: - Consist of 3 venues.
DVINE RESTAURANT & KIDS PARTIES: - Restaurant and kids party facilities. Team building and smaller business conferences.
DVINE EXPO & ART & CRAFT MARKET: - Permanent Expo and Arts & Crafts Market zoning approved.
DVINE WATER: Quality natural Mineral water with CSIR certification and a small water filtering facility. We could provide (as was done under extreme Western Cape water crises conditions) at least 100 000 lt. natural mineral water per day from just one of 3 sources. One of the other sources can provide about 20 000 lt. per hour. Existing underground irrigation system plus water rights from a government irrigation scheme (61 hours of water every 10 days from a 110mm pipe), 3 dams, 3 boreholes. Another 2 boreholes were never used, and the owners have no information about these boreholes.
ACCOMMODATION – 9 dwellings of which the owners stay in one and 8 are with lease agreements. There are also 7 houses for staff.
FARMING INCOME – 44ha farm: 4 ha Lucerne, fish in 3 dams, about 30 ha available for other agricultural projects with government water scheme for agricultural purpose

ADVERTISING BOARDS: Opportunity to advertise to millions of people passing on the N1 and R101. Signed 9 year agreement with national advertising company to erect bords on their cost near N1 and share the income with OWNER. Approval of building plans received from Municipality.

This property is worth looking at. Contact me for a private viewing.