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Commercial Property for Sale in Bloemfontein Central
Bloemfontein Central, Bloemfontein
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Hotel/Student Accommodation for sale in Bloemfontein
For Sale: Hotel/Student Accommodation Property
This property is currently operating as a hotel with a rental income of R70,000.00 per month, with 59 rooms, all en-suit.
This property presents an excellent opportunity for conversion into student accommodation, with feesability and planning already done for 112 beds.
The building is equipped with a lift, which requires an estimated R1,000,000.00 for repairs, with completion expected in approximately 35 weeks. In addition to the hotel accommodation, the property includes three shops on the exterior and a bar located within the premises.
Please note: Price excludes VAT.
Property Overview
Listing Number
115739630
Type of Property
Commercial Property
Description
Hotel
Lifestyle
Student Accommodation, Shared Living
Listing Date
18 March 2025
Erf Size
540 m²
Building
Wall
Brick, Plaster
Window
Steel
Standalone Building
Yes
Other Features
Nearby Public Transport
Bus, Minibus Taxi
Points of Interest
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