R 39,025,0001 bedroom home in King Williams Town, King Williams Town Central
View photo galleryPhotos
Watch videoVideo
View photo galleryPhotos
1 of 51
Watch videoVideo
string(8) "39025000"
R 39,025,000Odd Fellow Hotel, situated in the center of Qonce (King Williams Town) is for sale. King Williams Town, King Williams Town Central
1 0 0 1766 m² 2274 m²
This well-known 22 bedroom, 22 on-suit bathrooms, 2 conference rooms hotel is the ideal investment for the serious buyer.
This fully furnished, fully equipped and well managed and well-maintained hotel offers the potential buyer a secured income due to the fact it is well known amongst all businessmen and women and has a list of regular loyal customers that makes use of the rooms and facilities it has to offer on a regular basis.
The hotel is expanded with a 2-bedroom, 1 bathroom flatlet that serves as a family or group unit with its own self-catering kitchen and lounge area.
Extra income is secured with a corner shop with a loyal reliable tenant and a facility for a public bar.
With the forecast of greater development opportunities in the Qonce area, of which some already materialize, this property will be a secure investment opportunity not to be missed as most developers is currently making use of the hotel's facilities.
The property and hotel are sold as a going concern.
As any proper hotel it has a fully equipped industrial kitchen and walk in cool room that caters for all guests.
The dining room area is huge enough to cater for all guest at once.
This is one of the rare occasions where you don't just by a property, but you invest in a secure income that can last for a lifetime.
Read More
Read Less
Listing Number
6832608
Type of Property
Commercial ( Full Free Title)
Listing Date
10 Feb 2025
Erf Size
2274m²
Floor Size
1766m²
Rates and Taxes
R20105
Furnished
No
Bedrooms
1
Bathrooms
0
Commercial Kitchen
1
Garage
0
Parking
0
Calculator
Click to start your bond pre-qualification process
+Pre-qualify
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.
Calculator
Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.