Web Ref No 6386480

Sole & Exclusive Mandate

Viewing by Appointment

Located in the outskirts of the vibrant city of Cape Town, this boutique hotel offers a unique blend of functionality, potential, and prime location. With its modest charm and promising features, this property presents an excellent opportunity for investors and entrepreneurs seeking to tap into Cape Town's dynamic hospitality market.

Location:
Positioned at the convergence of the Cape Town CBD, Bo-Kaap, and De Waterkant area, this property enjoys proximity to urban amenities while providing guests with a convenient retreat. The surrounding area is poised for significant redevelopment, with plans from the City of Cape Town signaling exciting growth prospects.

Features:

- Operating hotel with a ground-floor restaurant area, serving as a focal point for guests and visitors alike.
- 9 quaint appointed bedrooms spread across four stories, each featuring air conditioning and a small kitchenette for guest convenience.
- Rooftop offering picturesque views, with potential for further development to enhance the existing panoramas.
- MU3 zoning permits expansion and increased functionality
- Possession of a liquor license, a valuable asset within the area, providing additional revenue streams and business opportunities.
- Inverter installed for uninterrupted operations during load shedding days.
- Potential for parking on the ground level, with minor renovations required to optimize this feature.
- Flexibility to be sectionalized into apartments, offering long-term rental opportunities or conversions into Airbnb rentals.
- Ideal for portfolio diversification or as a strategic redevelopment project.
Opportunities:

Suitable for business owners and investors looking to expand their investment portfolio and capitalize on Cape Town's growing hospitality sector.
Primed for redevelopment, whether for resale or conversion into a sectional title building, catering to the city's demand for residential and short-term rental properties.

Access to City of Cape Town's redevelopment plans, providing insight into the area's future growth potential and investment viability can be sent your way, all you are required to do is ask us.

This property represents a rare opportunity to enter Cape Town's hospitality market and capitalize on its evolving real estate landscape. For more information, inquiries, or to schedule a viewing, please reach out without delay.
The future beckons, and this property stands ready to play a pivotal role in Cape Town's ongoing transformation.

Erf Size: +- 200 sqm
Floor Size: +- 800 sqm
Zoning: Mixed Use (MU3)