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Home / Listing
50 Bedroom Apartment Block For Sale in Lansdowne
For Sale
R38,000,000.00
50
50
0
N/A
Levies: N/A
Rates & Taxes: N/A

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)

Luxury Lifestyle Inclusions

Explore the custom features of this property
Home office / study
Agent
Greg McDonald
Greg McDonald
073 141 9668 Chat On Whatsapp

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Bond Calculations

Calculate your potential home loan repayments and associated costs with our Bond Calculator. Adjust the values to see how different parameters affect your monthly repayments.

1,000,000
100,000
11.75
Monthly Repayment:
R 8,758.90
Total Loan Amount:
R 900,000.00
Transfer Duty:
R 16,000.00
Attorney & Registration Fees:
R 23,000.00
Total Bond Cost:
R 2,102,136.00

Disclaimer: This calculator provides estimates only and should not be considered financial advice. Actual costs may vary. Please consult with a financial advisor or your bank for accurate figures.