Percentage shareholding: 100%
Club Mykonos Langebaan (Pty) Limited is the original development company for the Club Mykonos holiday resort in Langebaan.
Club Mykonos Langebaan (Pty) Limited is approximately 120 km from Cape Town and is a very popular holiday destination. This company owns all of the remaining development land at the resort, all of which is zoned appropriately and nearly all of which is either on the beachfront or with excellent sea views. It also owns all of the commercial assets on the resort which includes five restaurants, a conference facility for up to 450 guests, a marina with 188 berths, a boat and general storage facility with 251 storage units, and other shops and commercial assets. Income from the rental of holiday units is not a material part of the business as most of these are owned by timeshare owners or individual owners. The entire resort currently consists of 361 residential units with development potential for a further 400 to 500 units.