Excellent investment opportunity.
SILENT AUCTION BY TENDER
Tenders will close on Monday, 30 April, at 24:00.
All offers will be reviewed and considered.
Contracts available with viewing and via e-mail.
Offers can be e-mailed .
ONLY GUIDED PRICE ON WEBSITE FOR OFFERS!
Long term leases a lot in hotel.
Lot of students.
Situated in the tourism popular Sea Point.
Reception area and a restaurant down stairs.
If you run hotel by yourself and not rent out
return can be up to plus minus 7,8% instead of
plus minus 2,8 percent return on lease agreements.
Lot of long term tenant easy to run.