I am pleased to present an exceptional redevelopment opportunity in Lansdowne, Cape Town, ideal for investors and developers. This high-exposure, 6,326 m² mixed-use property, formerly a hotel, is strategically located for a high-yield transformation.
Property Highlights:
Location:Lansdowne, Cape Town
Price: POA (Price on Application)
Size:6,326 m²
Zoning: Mixed Use
Redevelopment Potential:
This robust corner site offers flexible configuration options, suitable for:
Boutique retail or supermarket
Medical clinic or wellness center
Student accommodation or long-stay suites
Co-working spaces, cafés, or restaurants
Event venue
Current Improvements:
The property currently features:
50 Rooms: 48 x 1-bedroom units (mix of en-suite and shared facilities) and 2 x 2-bedroom units for families or group stays.
Communal kitchens and dining halls.
Secure yard with parking for 50+ vehicles, plus additional street parking.
Large communal areas, ideal for events, markets, or service facilities.
Location Advantages:
Direct access to the Lansdowne MyCiTi bus corridor.
Moments from Jan Smuts Drive, with connections to the N2 and M5.
Walking distance to schools, retail centers, and community amenities.
High visibility and foot traffic, perfect for commercial tenants.
Additional Insights:
Potential access to the City of Cape Town’s urban regeneration incentives.
Suitable for affordable housing or student-focused developments.
Consider feasibility studies for a retail-residential mix or podium parking.
This is a unique opportunity to acquire a versatile property with significant potential. Please let me know if you would like more information or to discuss this further.