KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 1177

16 ROOMS OPERATING LODGE WITH RE-DEVELOPMENT POTENTIAL

7 Milner Road, Sea Point

Property Description

Erf no: 716
Erf size: 402m²
Building size: ± 476m²
Zoned: GR4

Located in sought after area and close to all amenities
This corner property offers:
16 En suite furnished bedrooms, OR 14 en suite furnished bedrooms with a 2 bedroomed furnished apartment
2 Reception areas
Informal lounge, braai area and swimming pool
Fully secured
Currently running as a successful Lodge / B&B with a rating of 8/10 on Booking.com
Potential to generate income of over R2.5M per annum
Perfect for owner occupier (live in apartment and run lodge)
Huge re-development potential for apartments

Auction Venue

AUCTION VENUE

THE ONE & ONLY HOTEL, V&A WATERFRONT, CAPE TOWN

AUCTION TIME

24/07/2018

12h30

Property Location

Property Info

7 Milner Road, Sea Point

CONTACT AGENT

Sanjeev Boyjoonauth

0712239552

ENQUIRE NOW

ON SHOW DATES

Wednesday 11 July 2018, 12 - 2 pm

Wednesday 18 July 2018, 12 - 2 pm