DeStijl Gariep Hotel Investment

About Gariep Dam
The Rental Pool Concept
Renovation / Refurbishing
Contact
Investment brochure

This unique concept is based on a leasing company that will manage the leasing of apartments and hotel rooms.

Tariffs will be levied for 3 Seasons, namely:
• Peak Season (2 weeks Easter Holiday, 4 weeks from mid-December to Mid-January)
• Mid Season (School holidays excluding Easter and December Holidays)
• Low Season (All other times, excluding school holidays)

Reservations will be managed by the hotels front office. The rental pool formulae allows for even distribution of income taking into account the number of participating units in a specific month. A detailed description of the calculation of the rental pool dividends is available on request.

The leasing company will be responsible for day to day running, marketing, leasing, administration, cleaning of units, washing of linen etc.

Lease income generated per unit will be distributed as follows:
Distribution / Application
40% toward administration and cleaning (hotel services)
3% toward a Marketing campaign including brand development and continuous marketing
7% toward the maintenance account for replacement of linen etc.
50% paid toward the owner on a monthly basis

Marketing will be outsourced to a professional advertising agency that will promote the hotel via the Internet and various published mediums. Target marketing will be done via the various clubs that organize sporting functions and cultural events in the Gariep Dam area. Conference co-ordination will be outsourced to national conferencing agencies on a commission basis.

We are currently negotiating with local coach operators and international tour operators to include the hotel as an overnight stop on their standard routes.

The entire hotel has undergone extensive renovations and extensions with some 810m2 being renovated, 1200m2 totally remodeled and 1800m2 new floor space being created.

Main design criteria

1. Facility Planning includes:
• 45 single hotel rooms, apartments and suites to accommodate 130 people
• Spacious reception areas
• a gym and spa
• 3 conference / function venues accommodating 24, 80 or 300 delegates
• 2 restaurant kitchen areas able to cater for up to 300 guests
• sundeck
• swimming pool and pool deck
• service facilities to support above

2. Environmental / Life cycle costing
Effort has been made to ensure environmentally friendly design with regards to water and energy usage, waste disposal etc. This automatically reduces operational costs to the benefit of the owners.

3. Ergonomics, functionality, amenities
Specific planning towards all modern requirements and amenities such as wireless Internet / hotspots and conference / office support services as well as paraplegic access on mobility etc.

4. Style, Interior, Decorating and Grading
The theme throughout the architectural design and interior appointment is based on the ‘de Stijl’ art movement. We aimed at creating a contemporary, distinctly modern and clean feel with optimal spatial design and flow. We have still maintained a high three or four star grading. The overall feel achieved is modern chic uncluttered thus allowing minimum damage and theft to internal fittings and furniture.

5. Pricing and condition of sale

For a full price list and more information please contact: