Affording a monthly rental income of R40 000, the property is tenanted by the well-patronised and established Outback Africa Lodge - a modern guest lodge with a 3-Star AA Grading from the Tourism Grading Council of South Africa.

Paddy Smuts, CE of Pam Golding Commercial Auctions, says this 11 roomed lodge (five en suite), which includes an Internet café, secure parking, dining room (seats 12), entertainment area with swimming pool, boma and braai facilities, and fully fitted modern kitchen (with large gas stove), is situated only 15 minutes from Cape Town's city centre, making it an ideal
investment opportunity.

"This well appointed and managed guest lodge, set on 950sqm, has sound guaranteed rental income with a lease in place until 2010, when it comes up for renewal.  Some 90 percent of the clientele are airport collections," says Smuts.

The auction date will soon be advised. For further information contact Victor Schönborn of Pam Golding Commercial Auctions on 083 792 4169.