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R39,950,000

157 Main Road

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Ideal for accommodation business or modern apartments!

The Sleep Easy Hotel boasts an enviable location on Green Point Main Road, putting you within minutes of:

Clifton Beach
Camps Bay
V&A Waterfront
Table Mountain
City Center
Shops and Restaurants

This versatile property offers two distinct buildings with a total land size of 940sqm:

Main Building: Clean and comfortable accommodation at a reasonable price.
Historic House (Built 1920): Luxurious rooms with a unique blend of classic dark wood furnishings and modern features.

Potential for Redevelopment:
This property presents a prime redevelopment opportunity. With its zoning and central location, it's ideal for either:

An Upgraded Accommodation Establishment: Capitalize on the area's booming tourism industry.
Modern Apartment Block: Meet the growing demand for trendy living spaces in Green Point.

Additional Highlights:

Views: Enjoy scenic views of the Green Point Stadium and the surrounding area.
Safe Parking: Secure off-street parking for residents or guests.
Convenience: Easy access to the CBD, shopping malls, restaurants, and public transportation (MyCiti Bus Route).
Existing Amenities: Reception area, manager's office, laundry facilities, 39 en-suite bedrooms, 2 kitchens, and 15 parking bays (some covered).
This is a rare opportunity to own a piece of Green Point with endless possibilities. Don't miss out.

Contact Rob today to view.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,300m²
Land Size
938m²

Green Point, Cape Town

As you travel along the streets of Green Point, you'll quickly realise why the area has earned its nickname as the "Soho of Cape Town". This upmarket and vibrant neighbourhood pulses with trendy restaurants, cafés, delis, boutiques, shops, and nightclubs. Located to the northwest of the central business district, it is also an area booming with industry. Since the 2010 FIFA World Cup, Green Point has seen...
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In the news

Get your running shoes on for Green Point's weekly parkrun
As the sun rises over Green Point's lush landscapes, runners from all walks of life gather to head out on a shared adventure - the local parkrun. The weekly five-kilometre event unites the community for walking, jogging, running,...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

555,979.94

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