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Hotel for sale

ZAR 140,000,000
Cape Town, City centre, ,
Hotel for sale Developments Student residence Retirement Residence Boutique hotel with conference facilities Commercial property
We hereby offer you a hotel for sale with further developments possible in the city centre of Cape Town South Africa. There are plans to convert this commercial property into a boutique hotel with a conference centre. Over 100 apartments are also to be built in the best city location.

Hotel for Sale - City Bowl Development - Boutique Hotel in South Africa

Commercial Property Cape Town 

The focus of this concept is the creation of a lively environment, which expands the possibility with further small shops. The hotel complex is fully equipped in order to reach new target groups after later renovations in the neighbouring property and thus to increase profits significantly. It will also continue to run as a boutique hotel with conference facilities. There are public spaces and over 100 apartments that are urgently needed in Cape Town. The need for homes in the City Bowl is far from being met.

Boutique hotel with conference facilities and development
After an extension with modernization, the commercial property could also be run as a boutique hotel with conference facilities.

Selling price: ZAR 140,000,000

The commercial property currently offers:
- over 100 double rooms with bathrooms
- Land: 2,350 m²
- Building: 3,200 m²
- restaurant
- conference facilities
- M-Net cable television
- Satellite television
- Disabled facilities
- covered and secure parking
- Wireless internet

Options for expansion with approved plans:
- Approved extension of 5,700 m²
- over 20 hotel rooms
- approx. 100 to 120 small apartments
- 1st, 2nd and 3rd floor public shops
- Pool area

Hotel for sale and apartments

Conference centre - conferences
The existing hotel complex offers conference rooms. Weddings, family celebrations, exhibitions and events have also been held in the past.

Information and location
The city at the foot of Table Mountain is one of the largest cities in the Rainbow Nation. Since 2004 it has been the exclusive seat of the South African parliament. It is also the capital of the Western Cape Province. The number of inhabitants within the inner city amounts to approx. 435,000. Many South Africans also refer to it as the mother city of South Africa.

Location
Located in the south west of the Republic of South Africa, it lies directly on the Atlantic Ocean. The west coast is long and beautiful. The landmark of the country borders at the outskirts of the city - Table Mountain. It is tenderly encased by the local mountains Lion's Head, Signal Hill and Devil’s Peak. The tourist strongholds of Camps Bay, Clifton and Llandudno are located directly behind Table Mountain. The towns of Sea Point and Bantry Bay are still in the inner city area.

Commercial property
The commercial property is offered as an ongoing company. For further processing of your request, the operator of the hotel requires proof of funds from your bank.

If you are interested in this property, we look forward to your inquiry.

Special features: The photos shown above are an example. After receiving a proof of funds, we will send you the original pictures!

Your South Africa Real Estate Team
 
Address: Cape Town, City centre
City:
Zip: 8001
Country: South Africa
Price: ZAR 140,000,000
Persons: 210
Bedrooms: 100
Bathrooms: 100
Property Size: 2.350 m2

Contact for Hotel for sale - Please write to us!