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R39,950,000

AN INVESTORS DREAM IN A STUNNING LOCATION

Sleep Easy Hotel is situated on Green Point Main Road in the beautiful city of Cape Town, just few minutes from the famous Clifton Beach, Camps Bay, VA Waterfront, Table Mountain, city center, shops and numerous restaurants. We at Sleep Easy Hotel strive to offer clean and comfortable accommodation to travelers at a reasonable price. Two communal kitchens are provided for guests whom like to cater for themselves. The hotel has two parts, the main building and a historic monumental house that was built in 1920. The house has a monumental historic facade with a modern build. Rooms inside are dark wood furnished luxurious rooms with modern features.
Situated on Green Point's Main Road in an enticing and visible position is the Sleep Easy Hotel which is ready for re-development, updating, re-purposing or refreshing. 
Offering views of the Green Point Stadium and the tree lined recreation area across the road, this 940m2 (land size) property consists of two separate buildings and offers safe, off street parking.
Extra's include:
Balcony
Available Furnished
Dining in building
View of Landmark
Built-in Wardrobes
Covered Parking 
It is the perfect location for either an accommodation establishment or an up-market apartment block which seems to be the trend in this central, accessible node of Green Point.
With its close proximity to not only the CBD but also to shopping malls, restaurants, pubs, sports clubs, outdoor recreation facilities, the VA Waterfont, the Sea Point Promenade and being located on the MyCiti Bus Route it's easy to see why residents or visitors would find this address imminently suitable.
The buildings currently offer a reception area, a manager's office, an in-house laundry facility, 39 bedrooms (all en-suite) and 2 kitchens as well as about 15 parking bays on the enclosed property with some under cover.
Please contact Tertius van Staden should you wish to view or require more information on this property.

Features

0
15
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
930m²
Land Size
964m²
Parking Bays
Open Parking Bays
15
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

561,678.80

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