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SALE PRICE
Original price: 364162.92 USD
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450 m2
2 floors
650 land area
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.
Available from:
30.04.2024Year of Construction:
2015Type:
Investment
Broker: Pam Golding Properties Durban
4001 KwaZulu-Natal Durban South Africa
This is a property advertisement published and maintained by Pam Golding Properties Durban and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.
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