Prime Investment Property For Sale In Durban Central

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SALE PRICE

USD 364 162.92

Original price: USD 364162.92
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Sorry, no exchange rate USD Price on request 364162.92

450 m²

2 floors

650 m²

8 car spaces

The Glouchester Hotel is situated just across the road from Albert Park. Perfectly situated far from the typical commotion of the CBD. For the past while, it has been successfully managed and used as student housing. There are thirty-six single rooms, each with an ablution. Six spacious double rooms with baths are available. Students can utilize any of the numerous rooms to study or just hang out with friends. Security is in place around-the-clock. There is plenty of potential to make this into first-rate lodging with all the extras—laundry, WiFi, eating, to name a few. The neighborhood community currently makes frequent use of a conference room. Students may easily take Uber to any location they choose, and it is also on the taxi route. As a going concern, The Glouchester Hotel is being sold as a going concern. The proprietor is ready to provide details that will help ensure a seamless transfer and sustain the business's success. It is an incredible financial chance. For a buyer with vision and a strong interest in innovation, this can be an excellent investment opportunity. Not to be overlooked!Licenses for gaming and alcohol are not included. The owner is open to discussion.

Features

Main bedroom with en-suite bathroom, built-in cupboards, single bed and tiled floors

Bathroom with basin, shower, toilet and tiled floors

Reception room with tiled floors. Make an appointment to discover its unique charm and potential.

Expand description

Available from:

30.04.2024

Year of Construction:

2015

Type:

Investment

4001 KwaZulu-Natal Durban South Africa

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