Office Space Hotel 303, 303 Main Rd, Sea Point, Cape Town, Sea Point

Hotel boasting 28 rooms and well known restaurant for Sale in Sea Point, Cape Town

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Boasting 28 bedrooms - all en Suite, this 3 storey building serves as a flexible investment, lending itself to both a fantastic yield and the opportunity to shape the tenant profile in accordance with the buyer's vision.

Franky's Diner (with Casino), well known and thriving on the ground floor, serve to solidify and stabilize the yield as a secure anchor tenant.

The 2 floors of Hotel space hold a solid client base with a mix of corporate tenant's, loyal backpackers and students. Long, short and daily rental terms are in place, providing a broad offering to the public and affording the owner the certainty of excellent cash flow.

With a 24hr manager on duty, the convenience of every amenity in walking distance, a solid anchor tenant on the ground and 2 floors of Hotel space with a secure client base, this Investment Opportunity should be a serious consideration for all seasoned Investors.

Building Description

Sea Point is one of Cape Town's most affluent and densely populated suburbs, situated between Signal Hill and the Atlantic Ocean, a few kilometres to the west of Cape Town's Central Business District (CBD). Hotel 303 nests in the cusp of Sea Point's heart and is surrounded by trendy restaurants and bars, ATM's, Deli's, Market's, Malls, My Citi and public transport.