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 Bedroom Property for Sale in Bloemfontein Free State
 Bedroom Property for Sale in Bloemfontein Free State
 Bedroom Property for Sale in Bloemfontein Free State
 Bedroom Property for Sale in Bloemfontein Free State
 Bedroom Property for Sale in Bloemfontein Free State
R7 350 000
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Property features

  • R7 350 000
  •  Bedrooms
  •  Bathrooms
  •  Living Room/s
  • Garage for   car/s

Property Details

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.

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