2,400m² Building For Sale in Pretoria Central

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2,400m² Building For Sale in Pretoria Central

R60,000,000

None 186 Struben

Web Ref CL645

Ex-Protea Hotel in Pretoria CBD for Sale

This well-positioned property, formerly a Protea Hotel, offers a prime investment opportunity in the heart of Pretoria CBD. Ideally suited for continued use as a hotel or a conversion into student accommodation, the building features a spacious reception area, three conference rooms, multiple dining rooms, two bars, a library, and two fully equipped kitchens, including a large walk-in freezer in the main kitchen. The property spans three floors, with the ground floor dedicated to communal and service areas, while the first and second floors house 135 air-conditioned rooms, each with an ensuite bathroom. A Schindler elevator services all floors, ensuring accessibility. Given the layout, the property has the potential to accommodate approximately 270 student beds, making it an excellent opportunity for educational institutions or accommodation providers.

Additional features include a swimming pool, a guardhouse for security, 18 carport parking bays, and 37 open parking bays within a fully enclosed premises. Whether you are looking for a hospitality investment, student housing, or alternative commercial use, this property presents exceptional potential. If this listing does not meet your specific needs, I have a range of other commercial properties, including offices, retail spaces, and industrial warehouses, available across Pretoria. I specialize in commercial and industrial sales and am ready to assist you in finding the perfect property. Contact me today to discuss your requirements.