3 Erven Opportunity in Fresnaye

A rare opportunity to own a substantial piece of Fresnaye has come to market. Currently operating as a boutique hotel, this large property is situated over 3 erven on the corner of Avenue La Croix and Kloof roads, Fresnaye.

Comprising of:

Property 1
-A boutique hotel with 14 en-suite bedrooms
– Reception area
– Sauna and steam room
– Large outdoor area
– Laundry rooms and staff accommodation
– Liquor license
– 6 parking bays
– includes a backpackers lodge

Property 2
– House
– 3 en-suite bedrooms
– Open plan living and dining
– High ceilings
-Wooden Floors
– Paved outdoor area with a pool
– 5 Parking Bays

Property 3
Block of flats
– four 2 bedroom, 2 bathrooms units
– one 90 sqrm Studio apartment
– two 45sqrm garden apartments

The properties are currently zoned Gr2. There have been previous plans to redevelop the properties into a 64 unit apartment block, however, this never came to fruition. The unapproved plans for this project can be supplied on request.

Rates: +/- R43 500