Commercial Property For Sale in Beitbridge
Beitbridge, Beitbridge, Beitbridge
USD 3,975,000
PSP140199
Description
THIS PROPERTY CAN BE RESUSCITATED AS A HOTEL, OR CONVERT TO A TRUCK STOP, MASSIVE SHOPPING MALL, BLOCK OFFICES AND A WHOLE LOT OF OTHER POSSIBILITIES!
Ideally located on the busiest border post and transport hub in Southern Africa is this generational investment property. This property is situated on the Northern side of Limpopo River bordering South Africa and Zimbabwe. It is commonly known as the former Holiday Inn Express Hotel and is conveniently located right by the main road, next to a service station.
It sits on 7,8339ha in total with the actual building occupying less than 6% of the property at approximately 4,519. 40sqm. It has 100 double rooms, a large dining area overlooking the pool (which is conveniently located for the pleasure of the residents), Conference rooms and banqueting facilities, a very spacious lobby, lots of parking space and onsite sewage recycling plant.
This property has ample land for expansion either within the same industry or diversifying into a complimentary lucrative industry. The current building occupies less than 6% of the total land on offer. The Beitbridge border is tipped to undergo a massive upgrade which will see increased traffic and potential growth in business due to a friendlier business environment. The property is currently on a long term stay accommodation lease, which has a 'break clause' in the event of a sale.
Unlimited possibilities!!!
Main Features
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- 7.83Ha