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Green Point · Business For Sale

938 m² Hotel/Resort For Sale in Green Point

  • R 40,000,000
  • 938 m²

The Sleep Easy Hotel property on Green Point's Main Road presents an attractive opportunity for re-development, updating, re-purposing, or refreshing. With a land size of 940m2, the property consists of two separate buildings offering views of the Green Point Stadium and the tree-lined recreation area across the road.

The property includes some extra features such as a balcony, built-in wardrobes, covered parking, dining in the building, and views of the landmark. It also offers safe, off-street parking.

This location is perfect for an accommodation establishment or an up-market apartment block, given the current trend in this central, accessible node of Green Point. Its close proximity to the CBD, shopping malls, restaurants, pubs, sports clubs, outdoor recreation facilities, the V&A Waterfront, the Sea Point Promenade, and being located on the MyCiti Bus Route, make it an ideal destination for residents or visitors.

The buildings currently offer a reception area, a manager's office, an in-house laundry facility, 39 en-suite bedrooms, and 2 kitchens, as well as about 15 parking bays on the enclosed property with some under cover.

Overall, this property presents a unique opportunity for re-development, and its location, amenities, and potential could make it a valuable asset for investors or developers looking to establish a presence in the vibrant Green Point area. Interested parties should consider evaluating the property's potential for their specific needs and purposes.

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Property Information & Features

Property Type
Hotel/Resort
Listing Type
For Sale
Location
Green Point, Atlantic Seaboard
Price
R 40,000,000 · Get Pre-Qualified
Price per m²
R 42,644
Floor Size
1300 m²
Erf Size
938 m²
Covered Parking Bays
1
Open Parking Bays
1
Commercial Zoning
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · Green Point, Atlantic Seaboard

Overall Area Rating

Very Good

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Hotel/Resort For Sale in Green Point
R 40,000,000
  • 938 m²
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