HOTEL FOR SALE!
This landmark property boasts a rich history and offers a unique blend of elegance and opportunity. The 8-story building features:
- 64 hotel rooms, including 2 penthouse suites
- 2 large kitchens
- 2 reception areas
- Restaurant and diner
- 10 conference centers
- 2 open spaces
- 52 parking spaces (26 rooftop, 26 underground)
- Retail space
- Rooftop pool
- Gym
- Snack bar
Property Details:
- GLA: ±5,753m²
- ERF: ±2,552m²
Versatile Development Opportunity:
This property can be utilized for various purposes, including:
- Hotel operations
- Commercial offices
- Student accommodation
- Residential apartments
- Medical center
Potential:
- Redevelopment for student accommodation, capitalizing on proximity to universities
- Restoration to its original grandeur, maintaining its historical significance
Proximity:
- Close to UNISA, the University of Pretoria, and the Union Buildings
Asking Price: Reduced from R44 million to R37 Million
This property presents a compelling investment opportunity for those looking to capitalize on Pretoria's hospitality, commercial, or residential markets.
- 64 hotel rooms, including 2 penthouse suites
- 2 large kitchens
- 2 reception areas
- Restaurant and diner
- 10 conference centers
- 2 open spaces
- 52 parking spaces (26 rooftop, 26 underground)
- Retail space
- Rooftop pool
- Gym
- Snack bar
Property Details:
- GLA: ±5,753m²
- ERF: ±2,552m²
Versatile Development Opportunity:
This property can be utilized for various purposes, including:
- Hotel operations
- Commercial offices
- Student accommodation
- Residential apartments
- Medical center
Potential:
- Redevelopment for student accommodation, capitalizing on proximity to universities
- Restoration to its original grandeur, maintaining its historical significance
Proximity:
- Close to UNISA, the University of Pretoria, and the Union Buildings
Asking Price: Reduced from R44 million to R37 Million
This property presents a compelling investment opportunity for those looking to capitalize on Pretoria's hospitality, commercial, or residential markets.
Features
Zoning
Interior
Exterior
Sizes
Parking Bays
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
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Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
