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580m2 Business For Sale in Clarens, CL34487

Business | Auction

Details

On Auction 22 May - High Value Boutique Hotel

ON AUCTION 22 MAY - HIGH VALUE BOUTIQUE HOTEL

This property has a GLA of approximately 303m². It is in extremely good condition and has been constructed by means of rendered brick. It contains a pitched roof which adds to the aesthetic appeal of the building. This site contains a one bedroom unit and a two bedroom unit. These units both come equipped with bathrooms, kitchens and lounges. There is also the presence of onsite parking which can be used in many different capacities.

There is a built-in inverter system which provides backup electricity. Along with an 8 KVA solar system which contains 18 solar panels, this property is completely energy independent. This site also has approval for an additional 18 solar panels to be installed. There is also a 2 800 litre Jojo Tank with a pressure pump. A CCTV system provides coverage of the building which acts as security in addition to the armed response.

In addition to this, this property has several different streams of rental revenue which is utilised as another source of income. There is also potential for additional revenue by means of a conversion. There are many different spaces on the property which can be converted into additional rooms as well more retail space.

  • GLA: ± 580m²
  • On-site liquor license
  • Zoning: “Business”
  • Income producing
  • Retail/boutique hotel opportunity

Map Details