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9,016m² Hotel For Sale in Pretoria Central

R55,000,000

Web Ref No CL243

FORMER PROTEA HOTEL FOR SALE

Originally developed as a Protea Hotel, this property has served as a hotel for many years and is perfectly suited for either continued use as a hotel or as student accommodation.

The ground floor features a reception area, three conference rooms, dining rooms, two bars, a library, and two kitchens, including a large walk-in freezer in the main kitchen. The building is equipped with a Schindler elevator servicing all floors.

On the first and second floors, there are 135 air-conditioned rooms, each with an ensuite bathroom. The property offers a variety of room sizes, making it an excellent candidate for student accommodation. The smallest rooms can accommodate two students, with larger rooms providing space for more. With the potential to fit approximately 270 student beds, this property is well-suited for high-density student living.

Features

Zoning Commercial
Floor Size 9,016m²

Broker Contact Details

Lesego Lekoba
Archon International Properties Johannesburg

Cell 0648597107
Office (011) 568 4341
Confidence Maluleke
Archon International Properties Johannesburg

Cell 0115684341
Office (011) 568 4341

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