COLOSSEUM HOTEL | DU TOIT STREET | ARCADIA

R 45,000,000

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COLOSSEUM HOTEL | 2,552 SQUARE METER HOTEL BUILDING FOR SALE | DU TOIT STREET | ARCARDIA

Colosseum Hotel is situated at 410 Du Toit Street, centrally located in the thriving commercial area of the Arcadia in Pretoria. The 2,552 square meter Colosseum hotel is 8 floors fully furnished building for sale, that can be used as an investment property or a student accommodation facility. This hotel can be bought with all the furniture inside. The B-Grade hotel consists of a fully furnished gym, sauna area, multiple modern yet classic luxurious and spacious hotel suites, state-of-the-art conference facilities/ boardrooms, 2 kitchens with kitchen equipment and several ablutions. Colosseum Hotel has a pent house. The Colosseum has a rooftop entertainment area with a swimming pool. Colosseum Hotel features air conditioning to contribute to enhancing the air quality in the hotel.

Arcadia is the area is in between Hatfield and Pretoria CBD. Pretoria has the second-largest number of embassies in the world, after Washington, D.C., most of which are located in or near Arcadia. Also close to Arcadia is the University of Pretoria. The largest residential institution in the nation, this university has a total enrolment of about 38 499 students. The property is in close proximity to a variety of amenities within the Arcadia Area. Such as grocery stores, retail outlets and many more. It is close to a variety of colleges such as TUT, Tshwane College and Denver College, making it convenient for parents. Employees have easy access to main arterials such as Nelson Mandela Drive, Pretorius Street and Francis Baard Street to name a few. The N4 highway is just 100 meters away via the Stanza Bopape street, making it easier to travel in and out of Pretoria and surrounding suburbs.

Colosseum Hotel offers 24 -hour security, access controlled entry and exit and secure parking. Colosseum Hotel features a neat, serene garden. Colosseum Hotel is in walking distance to the Pretoria Central area which has amenities such as Sammy Marks Square, Tramshed shopping Centre and in close proximity to The State Theatre. Colosseum Hotel is on the main road, therefore easily accessible to public transport, in close proximity to multiple taxi ranks and bus stops.

- Fully furnished
- Reception area
- Conference rooms
- Air conditioning
- Gym
- Sauna
- Kitchens
- Ablutions
- Entertainment area
- Swimming pool
- Secure parking

Property Reference #: CL32314

Agent Details:
Farooq Issa
Officeplace
Southdowns Office Park, Block D
Ground Floor, Suite 6 & 7
22 Karree Street
Irene
Centurion

Id Subtitle 1242423492
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Estimated monthly repaymentR 487,669
Total property loan amountR 45,000,000
Total interestR 72,040,363
Total repaymentR 117,040,363
Interest rate at 11.75% for 20 years *
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