Web Ref CL1277
R40,000,000
Sleep Easy Hotel
Monthly Rates
R15,000
R15,000
GREEN POINT HOTEL INVESTMENT OPPORTUNITY
The Sleep Easy Hotel property on Green Point's Main Road presents an attractive opportunity for re-development, updating, re-purposing, or refreshing. With a land size of 940m2, the property consists of two separate buildings offering views of the Green Point Stadium and the tree-lined recreation area across the road.
The property includes some extra features such as a balcony, built-in wardrobes, covered parking, dining in the building, and views of the landmark. It also offers safe, off-street parking.
This location is perfect for an accommodation establishment or an up-market apartment block, given the current trend in this central, accessible node of Green Point. Its close proximity to the CBD, shopping malls, restaurants, pubs, sports clubs, outdoor recreation facilities, the V&A Waterfront, the Sea Point Promenade, and being located on the MyCiti Bus Route, make it an ideal destination for residents or visitors.
The buildings currently offer a reception area, a manager's office, an in-house laundry facility, 39 en-suite bedrooms, and 2 kitchens, as well as about 15 parking bays on the enclosed property with some under cover.
Overall, this property presents a unique opportunity for re-development, and its location, amenities, and potential could make it a valuable asset for investors or developers looking to establish a presence in the vibrant Green Point area. Interested parties should consider evaluating the property's potential for their specific needs and purposes.
The property includes some extra features such as a balcony, built-in wardrobes, covered parking, dining in the building, and views of the landmark. It also offers safe, off-street parking.
This location is perfect for an accommodation establishment or an up-market apartment block, given the current trend in this central, accessible node of Green Point. Its close proximity to the CBD, shopping malls, restaurants, pubs, sports clubs, outdoor recreation facilities, the V&A Waterfront, the Sea Point Promenade, and being located on the MyCiti Bus Route, make it an ideal destination for residents or visitors.
The buildings currently offer a reception area, a manager's office, an in-house laundry facility, 39 en-suite bedrooms, and 2 kitchens, as well as about 15 parking bays on the enclosed property with some under cover.
Overall, this property presents a unique opportunity for re-development, and its location, amenities, and potential could make it a valuable asset for investors or developers looking to establish a presence in the vibrant Green Point area. Interested parties should consider evaluating the property's potential for their specific needs and purposes.
Features
Building Name
Sleep Easy Hotel
Zoning
Commercial
Exterior
Security
No
Parking Bays
Open Parkings
0.7
Covered Parkings
0.7
Parking Ratio
15.0 bays / 100m²
Sizes
Floor Size
1,300m²
Land Size
938m²
STREET MAP
STREET VIEW
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