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R27,000,000

Monthly Bond Repayment R274,111.82
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Premier Hotel & Conference Centre – Walkerville, Gauteng

For Sale: Premier Hotel & Conference Centre – Walkerville, Gauteng

Welcome to LAPENG, a distinguished hotel and conference centre nestled in the picturesque hills of Walkerville. Spanning an expansive 48 hectares, this unique property offers a wealth of opportunity – whether you envision a bustling entertainment complex, an exclusive wedding and events destination, or a premier Hospitality Training Institution complete with on-site accommodation.

Ideally positioned near both the R82 and R59, LAPENG enjoys seamless access to Johannesburg, Midvaal, and Vereeniging, making it a strategic investment with unmatched versatility and reach.

The hotel and conference facilities include eight multi-purpose conference and function rooms, a large entertainment deck with braai facilities and umbrellas, three dining areas suited for casual and formal settings, and an elegant reception area with direct access to entertainment spaces. A bar area caters to event attendees and guests, and there is an expansive courtyard between venue spaces for additional gathering space.

Accommodation on the property consists of twenty-four self-catering cottages with kitchenettes laid out in a horseshoe formation, eight single en-suite rooms with coffee stations, and four deluxe bridal suites perfect for weddings or VIP guests.

There are two commercial kitchens. The primary kitchen is equipped with a walk-in fridge, cold room, stoves, and a staff bathroom, while the secondary kitchen is fully functional with stoves and refrigeration. A dedicated delivery access point serves both.

An on-site chapel provides for religious services and ceremonies, making this an ideal venue for weddings, retreats, and cultural events.

Guest amenities include a modern gymnasium, a sparkling swimming pool, a laundry room, and ample storage space.

Security features include full electric fencing and a guardhouse at the entrance.

With extensive unused land, the property offers multiple development opportunities. It is suitable for expansion with additional units or event spaces, or for alternative uses such as hospitality education, eco-tourism, wellness retreats, or luxury lodges.

The name “LAPENG,” meaning “My Home” in Sesotho, reflects the warmth, hospitality, and comfort that defines every corner of this property. It offers a peaceful escape from urban life, while remaining close to the action.

This premier facility offers a rare chance to acquire a well-established, multi-purpose venue with immediate functionality and substantial growth potential. Financials and full inventory are available on request to qualified buyers.

To arrange a private tour or discuss investment opportunities, please contact the agent directly. Discover why LAPENG is more than just a property – it’s a vision waiting to be realised.

Features

24
8
2
Pets Allowed
Yes
Interior
Bedrooms
24
Bathrooms
8
Kitchens
2
Reception Rooms
9
Studies
1
Exterior
Garages
2
Carports / Parkings
50
Security
Yes
Flatlet
5
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
48Ha
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

274,111.82

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