R15,700,000

R15,700,000

2,670m² Hotel For Sale in Vanderbijlpark CW 6
Covered
Open
Manuel Fernandes
Manuel Fernandes
Neels Potgieter
Neels Potgieter

SOLID INVESTMENT POTENTIAL IN ONE OF THE LANDMARK HOTELS IN VANDERBIJLPARK - PRICE NEGOTIABLE

Web Ref. VDB-CS00022
Land size 8326.00 m²
Floor size 2670.00 m²
Monthly Bond Repayment
R149,514.77
This is a great opportunity to invest in this true landmark Hotel in Vanderbijlpark.

The property is situated in a very accessible part of town, close to the CBD, schools, shopping and to main access roads, for ingress and egress from town.

The building of this strong, sturdy construction started in the late 1940’s, initially intended as a residence for women.
However, that never materialized and in 1949 this landmark opened as a hotel.
In the 80’s, the hotel underwent an extensive renovation drive and the transformation resulted in a very modern, very expressive accommodation facility, with a great emphasis on comfort and wellbeing of the guests.

Almost all rooms were revamped so, nowadays the hotel boasts 45 neat and comfortable rooms, each with its own, en suite, ablution facility.

The modern and efficient kitchen has enough capacity to serve a full house.

There is a large dining room, modern looking reception, a well-stocked Ladies bar, two conference rooms and several other possibilities for expansion.

The location of the hotel is relatively close to the Vaal University of Technology as well as the Northwest University.
Within walking distance to the Vaal Mall shopping centre.

Configuration:
• Ground floor:
Ground floor is mainly the foyer, dining hall, bar and restaurant, offices, two conference rooms and the kitchen
Garden, Social area, Swimming pool, Power Generator, Heat pumps
Ample, secure parking

• Upper floors:
45 rooms in total – single, double and family units, all with air conditioners, flat screen TV and En-Suits

The hotel is now fully independent from the grid, it has a 50Kw solar inverter, with 96 solar panels and batteries.
Two heat pumps provide heat to the hot for the rooms and there is also a borehole, capable of abundantly supplying the whole property.

To invest in this rare opportunity, kindly call your Property Practitioner please, as viewing is strictly by appointment only.
Please note that if you are VAT registered and acquire the property as a going concern, the transaction will be "VAT Zero Rated" for SARS purpose.

Manuel Fernandes is a Property Practitioner registered with the PPRA under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, registered with the PPRA as a Business Practitioner, who does not operate a trust account.
Monthly Rates R27,000

Features

Zoning
Commercial
Interior
Airconditioning
1 Kitchen
45 Bathrooms
2 Boardrooms
Sizes
Land Size 8,326 m²
Floor Size 2,670 m²
Parking Bays
21 Covered Parkings
42 Open Parkings
Additional Amenities
Backup Water
Built In Braai
Closed Circuit TV
Furnished
Irrigation System
Smoking Allowed
Backup Generator
Fire Escape
Balcony
Entrance Hall
Guest Toilet
Patio
Reception
Borehole
Access Gate
Fence
Garden
Paveway
Pets Allowed
Pool
Listing Info
Date Listed 04-11-23
Time Listed 09:08

Vanderbijlpark CW 6, Vanderbijlpark

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While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.