5,464m² Hotel For Sale in Menlo Park
R61,000,000
Web Ref No RNC742
Prime Commercial Building | 38 Luxurious Apartments | Office Space | Bakery
Welcome to the Epitome of Luxury and Investment Potential!
Introducing a rare gem in the heart of the city – a commercial building that transcends expectations and redefines urban living. This prestigious property is a beacon of sophistication, boasting 38 exquisite apartments ranging from 1 to 3 bedrooms, including opulent penthouses with en-suites that provide an unparalleled living experience.
Key Features:
Luxurious Residences: Immerse yourself in the epitome of elegance with thoughtfully designed apartments, each meticulously crafted to cater to the most discerning tastes. From cozy 1-bedroom abodes to spacious 3-bedroom penthouses, this property offers a diverse range of living spaces.
State-of-the-Art Security: Embrace cutting-edge technology with a biometric system ensuring the utmost security for residents along with a reliable heating system that provides warm water to enhance the living experience. Peace of mind is paramount in this haven of comfort.
Reliable Power Supply: Never worry about interruptions with a robust backup generator, ensuring a continuous power supply for uninterrupted daily living.
Convenient Parking: Every unit comes with dedicated parking, providing residents with the ultimate convenience and peace of mind.
Elevate Your Lifestyle: Enjoy the convenience of a lift, making every floor easily accessible and ensuring a seamless transition between spaces.
Versatile Office Spaces: Explore numerous office units, a welcoming reception area, a fully-equipped conference room, and boardrooms that cater to diverse business needs.
Bakery Delights: Indulge your senses with the convenience of an on-site bakery, adding a delightful touch to your daily experience.
Hotel Functionality: Currently operating as a hotel, this property presents a massive rental opportunity, making it an ideal investment for astute entrepreneurs seeking a foothold in the thriving hospitality industry.
Investor's Dream: Positioned perfectly for investors keen on leveraging the asset management market, this property promises not just a space but a strategic investment in the heart of growth and prosperity.
Fully Furnished Elegance: Experience turnkey living with fully furnished apartments, complete with washers, dryers, and dishwashers in the penthouses – a testament to the attention to detail and commitment to luxurious living.
But that's not all – this property comes with the added benefit of sectional titles on all apartments, providing a clear and distinct ownership structure. Surrounding this property is Embassies, University of Pretoria & Educational Institutions, Menlyn Maine, Loftus Versveld Stadium, Gautrain station, Highways and much more.
Don't miss out on the chance to own a piece of this thriving investment opportunity. Act now and unlock the potential for substantial returns in the heart of prime real estate!