Hotel for Sale in Arcadia

Description

Accepting Offer. DESCRIPTION: This landmark property with its historical richness offers high-end finishes with immense possibilities: • 64 Hotel en-suite rooms, • 2 Penthouse suites • 2 Large kitchens • 2 Reception areas • 10 Conference centres • Restaurant and diner • 2 Open spaces • 52 Parking spaces (26 rooftop, 26 underground) • Retail space • Rooftop pool • Gym • Snack bar Property Details: • GLA: ±5,753m² on Erf of 2,552m² offering a myriad of re-development opportunities • Previously used as hotel but easy to run as hotel, can be converted into offices,, medical facility , retirement facility, educational institution or redevelop it into the Perfect Student accommodation to maximize the income potential catering for various universities nearby. Don't delay contact me today to secure this opportunity. DETAILS: • Erf no: 1529, Acardia • Erf size: 2552m² DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.