Joint Venture opportunity
Goodwood property: In essence, the partially-completed development (say 85% complete) is located at 154 Voortrekker Rd, Goodwood (Rem Erf 8508 Goodwood) & comprises of a 6-storey (ground + 5) 79-roomed affordable hotel with communal ground floor (hotel entrance, coffee bar & business breakaway room) and top floor (restaurant, kitchen, bar, entertainment area & gambling facility for 6 slot machines). The liquor licence has been conditionally approved subject to completion of the development. We estimate that +-R5,5m will be required to complete the project. The project is also ideally suited to student accommodation, of which there is currently a dire shortage in Cape Town.
Email me to receive the following information:
1. Approved building plans.
2. Feasibility study
3. Architectural renders.
4. Aerial photos.
As mentioned, we are currently considering selling the property as-is (in its incomplete state) or procuring funding to complete same & selling it on completion – all offers will be considered. A structured payment plan will also be considered.
Email me to receive the following information:
1. Approved building plans.
2. Feasibility study
3. Architectural renders.
4. Aerial photos.
As mentioned, we are currently considering selling the property as-is (in its incomplete state) or procuring funding to complete same & selling it on completion – all offers will be considered. A structured payment plan will also be considered.
Features
Zoning
Sizes
Listing Info
Goodwood Central, Goodwood
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property 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.
