R 5 500 000 | business property for sale in casseldale

Property Description

Historic Springs Property for Sale: An Investment with Endless Potential Step into a timeless piece of Springs history with this expansive property, now available for a new owner. Spread across three large stands (ERFs), this unique estate offers an incredible 36 rooms, 30 bathrooms (some communal), and an array of amenities that make it a prime candidate for various future developments. Property Highlights: - 36 Spacious Rooms: Ideal for conversion into guest accommodations, residential units, or a boutique hotel. - 30 Bathrooms: Conveniently located, with some communal setups, perfect for large groups or shared housing. - 2 Bar Lounges: Fully furnished with secure entry, these lounges include 2 smaller private areas, plus men's and ladies' toilets. - Commercial Kitchen: A large kitchen ready to cater to a variety of culinary needs, perfect for a restaurant or catering business. - Secure Reception: Ensuring guests' and residents' safety and privacy. - Laundry Facility: Equipped with industrial washing machines, capable of handling large volumes. Additional Features: - Ground Floor: Includes 2 bedrooms with a jacuzzi, ideal for premium guest experiences. - Upper Level: 20 more bedrooms, each with a private bathroom, offering comfort and privacy. - Outdoor Amenities: A conference room, lapa, and pool area make this property perfect for events or relaxation. - Additional Accommodation: 14 rooms with a communal bathroom outside, offering flexible usage options. - Historic Tavern: An old tavern with the potential to be transformed into a games room or entertainment space. Investment Opportunity: This property requires some restoration work, but it brims with potential for future investment. Whether you envision a hospitality venture, a residential conversion, or a mixed-use development, this historic Springs property offers a unique opportunity to create something truly special. Don't miss out on the chance to own a piece of Springs' heritage with endless possibilities for the future. Hotel Security systems Alarm 32 Camera System Inverter Aircons Conference room 6 garages - automated


Property Details

Purchase Price R 5 500 000

Type of PropertyBusiness

Land Size3390 m2

Last Updated08 May 2025

Property Location

Similar Property in nearby suburbs

Agent

Naomi Lubbe

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