Commercial - Retail on Auction in Lansdowne

Description

ONLINE AUCTION Bidding Start Time: Wednesday 29 April 2026 @ 09:00 Bidding End Time: Thursday 30 April 2026 @ 14:30 Registration is essential by Monday 27 April 2026. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: This is a huge property with massive potential for redevelopment with conversion for a hotel, student accommodation, a block of ±124 apartments, a development with maximum bulk available, retail, a supermarket, a medical centre, a hospital or wellness centre, offices, retirement accommodation, an educational academy, a religious purpose, or a mixed-use development opportunity. Property ran as the famous Landros Hotel Offering: • ±5000 Existing solidly built buildings with massive conversion potential. • Over 9400m² of bulk available for redevelopment purposes with 25 meters (4/5 stories) allowance. With ±50 Rooms and common area divided into bedrooms: The following bedrooms have en-suite bathrooms: • 1 Four sleeper • 8 Four sleepers • 9 three sleepers • Between 9 and 10 is a lounge with a fire place and a balcony that is above the restaurant in front, • 10 Is a 3 sleeper • 11 Is a four sleeper, • 12A is a four sleeper • 12C a four sleeper • 13 a three sleeper • 14 a three sleeper • 15 a three sleeper • 17 a two sleeper • 18 a two sleeper • 19 a three sleeper • 20 a three sleeper • 21 a three sleeper • Rooms 23 to 31 are all four sleepers All these rooms from number 1 to 31 are on the first floor. Opposite room 31 there is what we call the top flat, which has a lounge and dining room area with a kitchen. Below this flat is the downstairs flat, which is similar to the top flat. Rooms without en-suite bathrooms but with washbasins and communal bathrooms are rooms between numbers 6B and 7 and also between rooms 1 and 19. Rooms with washbasins upstairs: 2, 3, 2,3,4,5,6A, 16, and 22 Between rooms 1 and 19, you have a boardroom facility. Upstairs rooms without washbasins but with communal bathrooms: Rooms 6B, 12B, and 12D. Downstairs rooms using en-suite bathrooms: 33, 35, 36 Office space: • Behind the reception with a walk-in safe and two rooms, rooms 37 and 38. • Room 38 used to be the hotel manager's office. • Room 37 was the Cornerstone College administration office. • Two reception desks at the reception front entrance. Lecture/Conference rooms: • Numbers 1, 2, 3, 4, room 32, 34A and 34B, and 7 in the outside building. Restaurant and two function rooms. • One large kitchen with a walk-in fridge and freezer plus a large dining room/conference room; a 22-cabinet room where guests or students store their groceries and utensils. • Smaller kitchen opposite lecture room number 4 with a small storage room. Store rooms: • 1 large storeroom leading from the back door of the large kitchen or lecture room number 6. Outside Building: • Currently used as a worship centre which can seat about ±200 persons. Parking areas: • The large rear parking area is about ±2000 m², which runs from St. John's to Church streets, secured with electric fencing, which is alarmed with ADT Security providing armed response. • The hot water geyser and main electrical box are located within electric fencing, which is alarmed with armed response provided by the ADT Security company. • Large parking areas in front of the building in between buildings. Pre-Auction offers excl. Claremart fee will be considered. DETAILS: • Erf no: 106325, Cape Town • Erf size: 6326m² • Zoning: General Residential 4 PAYMENT TERMS: 2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. REGISTRATION REQUIREMENTS: To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee. 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 Auctioneers. Bidders must conduct their own investigations prior to bidding.