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Ideallic Palm House Offers A Unique Investment In History (and A Great Development Opportunity)
€1,675,346
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Property description
Set on an impressive 4,038m, Palm House is an exceptional property designed by a protg of renowned architect Sir Herbert Baker in the early 1920s and is situated in Wynberg Upper. The grand driveway lined with majestic palm trees sets the tone for this oasis in the city. Palm House consists of a three-story manor and three additional cottages. Serving as a very successful and well-established guest house, Palm House is an opportunity to invest in a tranquil retreat that is in perfect condition, being recently restored to its lovingly original splendour. Upon entering this magnificent manor house, you will step back in time as you are greeted by a bygone era of the early 1900's opulence. With its high ceiling and original oak floors, an impressive grand staircase leads you to 10 suites. All of which are en-suite bedrooms of varying sizes. Each room offers its own stylish elegance, with a relaxing, homely feel throughout. All of the suites are fully equipped with every amenity you could imagine, many of them including a lounge and study area. The grandest suite of them all offers a sizable balcony with sweeping mountain views. Downstairs, the wood panelling, open fireplaces, and rich, relaxing, and elegant dcor set the tone for a relaxing and luxurious stay at the Palm House. The property features a conference venue, a fully fitted catering kitchen, a bar to entertain guests, and a sunny dining area that extends into the patio, surrounded by a lush garden and Palm trees. The details do not go unnoticed, as there is a personal touch of restored history everywhere you look. The manor house is truly something special. There is a smaller, duplicate version of the Palm House manor and overlooks the pool and gardens. It offers three bedrooms, two bathrooms and two lounges, with the upper floor boasting a balcony which sports uninterrupted views of the Constantiaberg Mountains and the rear-view of both the magnificent Twelve Apostles and Table Mountain mountains. If the manor and executive pool house aren't enough, there are also two, two-bedroomed family cottages on the grounds. Each is situated by the large pool and comes with an outside terrace, allowing you to appreciate the tranquil surroundings of the property. Including the cottages, the property offers a total of 17 bedrooms. This makes the Palm House the perfect canvas for an operational business as a guest house, a clinic or care facility, company headquarters or an Embassy. The Palm House could also offer a special development opportunity. While the main Palm House is a heritage site saving this incredible piece of history, the vast majority of the land is available for development. With Heritage approval in place, there are established plans to build townhouses on the grounds, which are in the advanced stages of planning. The Palm House is available to view by appointment only, with approved building plans on a proposed development available upon request.
54 Tennant Road, Wynberg, Western Cape, South Africa
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