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R 46 000 000

Commercial Property for Sale in Shere

Shere, Pretoria

Contact broker for street address

2 000 m²

Contact Broker

Berdina Schurink

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Investment Opportunity: Boutique Hotel with Italian Charm

This unique Boutique Hotel is situated in the tranquil Lombardy Estate, Pretoria East. With its Tuscan-inspired architecture and Italian countryside ambiance, this property brings a touch of Italy to South Africa's capital. The hotel offers a peaceful retreat, surrounded by lush gardens and majestic trees, creating the perfect setting for intimate events, weddings, and getaways.

The property exudes Italian countryside charm, with Tuscan-style architecture, terra-cotta roofs, and quaint outdoor courtyards. Guests can enjoy al fresco dining under covered patios, take leisurely strolls through the estate’s tranquil gardens, and experience a serene atmosphere that feels worlds away from the hustle and bustle of the city, yet is conveniently located near major amenities.

Property Highlights:

- 22 character-filled suites, each individually designed and furnished. The...

Property Highlights:

- 22 character-filled suites, each individually designed and furnished. The suites feature either double beds or twin beds, with en-suite bathrooms that include both a shower and bath. Modern conveniences such as air-conditioning, safes, and minibars are provided in each room.

Select suites include added luxuries such as private lounge areas, Jacuzzis, fireplaces, and secluded courtyards or balconies that offer views of the lush garden surroundings.

- 5-star Soulstice Day Spa, with a long-term tenant, providing a steady revenue stream.

- Conference rooms that cater to corporate events and business meetings, making this property ideal for both leisure and business clientele.

- On-site restaurant and cozy function hall perfect for weddings and special occasions, enhancing the property's versatility for event hosting.

- Chapel and open-air function spaces, offering tranquil settings for outdoor weddings and private events.

- Potential to expand with an additional 40 suites, making this an attractive proposition for those looking to grow the business.

Please Note: While the property offers many beautiful features and potential, it requires maintenance and repairs to restore it to its former glory. This presents an excellent investment opportunity for those seeking a renovation project with significant upside potential.

Schedule your viewing today to explore this opportunity and imagine the possibilities this charming property has to offer. Priced at R46,000,000 (excluding VAT).

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Property Overview

Listing Number

115059710

Type of Property

Commercial Property

Listing Date

11 October 2024

Erf Size

44 676 m²

Floor Size

2000 m²

Points of Interest

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