Incomplete Hotel & Apartment Complex for Sale – Exceptional Investment Opportunity
An outstanding opportunity to acquire a substantial hospitality and accommodation development project being offered for sale on an "as-is" basis. Situated on a generous 1,478 sqm plot, this property comprises an 11-unit apartment and hotel business complex that is currently under construction and awaits completion.The development has been designed to accommodate 11 bedrooms with en-suite bathrooms, making it ideal for a boutique hotel, guest lodge, serviced apartments, or mixed-use hospitality operation. The approved building plans also provide for the future construction of an additional self-catering accommodation structure, creating significant potential for expansion and increased revenue generation.Key Features:
- 1,478 sqm property
- Partially completed hotel and apartment complex
- 11 bedrooms with bathrooms
- Designed for hospitality and accommodation business use
- Provision in approved plans for an additional self-catering accommodation block
- Sold in its current unfinished condition ("as is")
- Existing company included in the sale, offering potential operational and business continuity benefits
- Excellent opportunity for investors, developers, and hospitality entrepreneurs
This property presents a rare chance to complete and customize a hospitality development to your own specifications while benefiting from substantial work already undertaken.
Address
Satelite Number 970.
List Price
P6,000,000
Type of Dwelling
Commercial
Transaction Type
Sale
Area
Francistown
Sub-Area
Satelite
Lot Size
1,478 Sq M.
Listing Brokerage
Sam Associates Botswana
Features
1,478 sqm property Partially completed hotel and apartment complex 11 bedrooms with bathrooms Designed for hospitality and accommodation business use Provision in approved plans for an additional self-catering accommodation block Sold in its current unfinished condition ("as is") Existing company included in the sale, offering potential operational and business continuity benefits Excellent opportunity for investors, developers, and hospitality entrepreneurs
Amenities
Near by mains water and electricity available for connection