50 Bedroom Apartment Block For Sale in Lansdowne

Unlock the potential of a landmark 6 326 m² mixed-use site – formerly a hotel – ideal for redevelopment into retail, medical, hospitality, student living, dining, or mixed-use concepts. Perfectly positioned on a major MyCiTi bus route, oJering exceptional visibility and accessibility. Key Details • Zoning: Mixed Use GR4 • Size: 6 326 m² • Price: R38 000 000 (excluding transfer fees) • Note: Seller not VAT registered Property Overview • Substantial former hotel structure ready for transformation • Strong existing infrastructure for rapid redevelopment • Suitable for: • Boutique shopping centre or supermarket • Medical clinic or wellness centre • Student accommodation or long-stay suites • Restaurants, cafés, or co-working spaces • Prime corner position with direct MyCiTi access • High visibility and foot trafic Existing Accommodation • 50 rooms – easily configurable to diverse uses • En-suite rooms with private bathrooms • Standard rooms with shared bathrooms • 3 larger family/group units • Ideal for conversion into short-stay suites, student pods, or flexible oJice spaces Shared Facilities & Ancillary Spaces • Communal kitchens – ideal for food courts or catering operations • Spacious dining halls – adaptable for events or pop-up markets • Secure yard plus street parking for 50+ vehicles • Layout supports retail frontages, alfresco dining areas, or landscaped courtyards Location & Connectivity • Located directly on Lansdowne’s MyCiTi bus corridor • Minutes from Jan Smuts Drive, with links to the N2 and M5 • Walking distance to schools, community centres, and retail hubs • Excellent access for retail tenants, medical users, students, and diners Additional Insights • Municipal Incentives: Potential eligibility for Cape Town urban regeneration grants (mixed-use housing) • Development Potential: (Photos are artists impressions)