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Auction Date: 24/07/2018     Start: 12:30     Commercial Property

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Sea Point - 16 Rooms Operating Lodge with Re-Development Potential on Auction

Sea Point - 16 Rooms Operating Lodge with Re-Development Potential on Auction

Sea Point - 18 Rooms Operating Lodge with Re-Development Potential on Auction

Erf no: 716
Erf size: 402m²
Building size: ± 476m²
Zoned: GR4

Located in sought after area and close to all amenities

This corner property offers:
16 En suite furnished bedrooms, OR 14 en suite furnished bedrooms with a 2 bedroomed furnished apartment
2 Reception areas
Informal lounge, braai area and swimming pool
Fully secured
Currently running as a successful Lodge / B&B with a rating of 8/10 on Booking.com
Potential to generate income of over R2.5M per annum
Perfect for owner occupier (live in apartment and run lodge)
Huge re-development potential for apartments

Auctioneer Details

Claremart Auction Group Logo
Claremart Auction Group
7 Milner Road, Sea Point
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