700.0 Sqm Hotel For Sale

The whole building is forsale, but we continue to rent the 3 Apartments (1.2 and 3) on (up to) 1 year lease contracts

•Floor 4/5 2 Storey, 3 Bed/ Bath, 240 sq/m

•Floor 3 2 Bedroom/ Bath, 150 sq/m

•Floor 2 2 Bedroom/ Bath, 160 sq/m

•Floor 1 (ground) 200sq/m - Reserved for more apartments

Description;

The plan below shows the full land foot print 8 x 25 meters (42t/w). Public roads provide access to front and rear carparks. A private corridor and stairwell provide access to each apartment. An elevator shaft is built into the rear of the core structure (lift not yet installed).

The building “core” presently used as a storeroom, staff rooms and a large workshop area. The are can easily be converted into other business such as restaurant or more apartments

Features

•The building is sold as a company

•Property Size is 42 t/w, liveable space +/-700 sq/m

•4 Carparks (can be more), 2 of the carparks at the rear are private rooms and have electric roller doors.

•Water Supply System – 2 Deep Well pump systems with back up and accumulator storage systems. Water meters on each room

•Electrics – 2 x 3 Phase Meters, Individual meters at each apartment

•An elevator shaft is in place ready to service each floor (no “lift” is installed yet)

•Digital door locks

•Build in wardrobes

•Western Kitchen and Toilets

•Apartment 1 due for renovation (rented until June 2022 on 6 year lease)

•Apartment 2 renovated Jan 2020 (rented until April 2022 on 1 year lease)

•Apartment 3 completed 2015 (available)

•**All the apartments can easily be changed into smaller apartments and 2 more apartments could be add on the ground floor.