Commercial property for sale in Salt River

Description

For sale | locomotive hotel – salt river, cape town exciting news! NOW WITH 18 GUEST ROOMS Own a piece of Cape Town’s history with the iconic Locomotive Hotel, a fully operational heritage property in the heart of Salt River. The Locomotive Hotel has expanded its accommodation offering a Total 18 guest rooms, creating an ADDITIONAL RENTAL INCOME of R24,000 per month. The total monthly income from the rooms amount to: r113 300.00 This unique freehold commercial property combines historic character, established hospitality operations and multiple income streams, making it an attractive investment opportunity. PROPERTY DETAILS Land Size: 370 m2 Building Size: 412 m2 Zoning: Commercial Title: Freehold 18 Furnished Guest Rooms Fully operational hospitality business The property has been well maintained. The slate roof was installed approximately eight years ago,... For sale | locomotive hotel – salt river, cape town exciting news! NOW WITH 18 GUEST ROOMS Own a piece of Cape Town’s history with the iconic Locomotive Hotel, a fully operational heritage property in the heart of Salt River. The Locomotive Hotel has expanded its accommodation offering a Total 18 guest rooms, creating an ADDITIONAL RENTAL INCOME of R24,000 per month. The total monthly income from the rooms amount to: r113 300.00 This unique freehold commercial property combines historic character, established hospitality operations and multiple income streams, making it an attractive investment opportunity. PROPERTY DETAILS Land Size: 370 m2 Building Size: 412 m2 Zoning: Commercial Title: Freehold 18 Furnished Guest Rooms Fully operational hospitality business The property has been well maintained. The slate roof was installed approximately eight years ago, while the electrical and plumbing systems were comprehensively upgraded in 2013. The upstairs flooring was also retiled during this renovation. GROUND FLOOR The ground floor offers a well-established entertainment venue together with a licensed liquor store. Bar & Entertainment Area Spacious bar with indoor braai Comfortable lounge area Pool room Five televisions Five slot machines operated on a 70/30 profit-sharing agreement Two rented jukeboxes Fully integrated POS system Comprehensive security camera system LIQUOR STORE The licensed bottle store has convenient access from both the street and the hotel, providing excellent accessibility and efficient operation. ADDITIONAL FACILITIES Large storeroom Cold room Manager’s office Commercial laundry facilities FIRST FLOOR – 18 GUEST ROOMS Accommodation includes: 14 Single Rooms sharing six well-maintained communal bathrooms 3 Double Rooms with private En-suite bathrooms 1 Double Room with private En-suite bathroom and balcony Additional accommodation rooms, bringing the total to 18 guest rooms The 4 additional bedroom offer their own kitchen The increased room capacity provides the opportunity to generate approximately R24,000 in additional monthly rental income. LAUNDRY FACILITIES Guests have access to two coin-operated commercial washing machines, providing an additional income stream. CURRENT ROOM RENTAL INCOME Single Rooms: R6,050 per month Double Rooms: R7,150 per month Current Rental income from Rooms: R113 100 LICENCES The property is fully licensed and operational, including: Bottle Store Licence – 09:00 to 18:00 Pub Licence – 09:00 to 02:00 SAMPRA Licence Slot Machine Licence with 70/30 profit-sharing agreement A MULTIPLE-INCOME INVESTMENT FROM BOTTLESTOOR, BAR, ROOMS AND SLOT MACHINES The Locomotive Hotel offers investors the opportunity to acquire an established commercial property with multiple income-generating streams, including: Guest Accommodation | Licensed Pub | Liquor Store | Gaming Machines | Coin-Operated Laundry With its rich heritage, established customer base, strategic Salt River location and diverse income potential, the Locomotive Hotel offers an exciting opportunity for an investor looking to acquire a fully operational hospitality business with room for further growth. DON’T MISS THIS UNIQUE OPPORTUNITY Own a piece of Cape Town history while generating income from multiple established business operations. Contact us today to arrange a private viewing and experience the potential of the Locomotive Hotel for yourself. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1425392627","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Rooms

Air Conditioner

Parking

On Street Parking

Bedrooms

14

Erf Size

370 m²

Security

Alarm System, Closed Circuit TV, 24 Hour Access

Bathrooms

9

Furnished

Yes

Lifestyle

Accommodation

Floor Size

412 m²

Listing Date

09 July 2026

Building Name

Locomotive Hotel

Listing Number

117395274

Special Feature

Balcony, Built in Braai

Type of Property

Commercial Property