The Historic Locomotive Hotel – A Rare Commercial Investment Opportunity FOR SALE | Salt River, Cap
FOR SALE | LOCOMOTIVE HOTEL – SALT RIVER, CAPE TOWN
EXCITING NEWS! NOW WITH 18 GUEST ROOMS
The Locomotive Hotel has expanded its accommodation offering to 18 guest rooms, creating an additional potential rental income of approximately R24,000 per month.
Own a piece of Cape Town’s history with the iconic Locomotive Hotel, a fully operational heritage property in the heart of Salt River.
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
The hotel now offers 18 furnished guest rooms, all equipped with DSTV.
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
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.
EXCITING NEWS! NOW WITH 18 GUEST ROOMS
The Locomotive Hotel has expanded its accommodation offering to 18 guest rooms, creating an additional potential rental income of approximately R24,000 per month.
Own a piece of Cape Town’s history with the iconic Locomotive Hotel, a fully operational heritage property in the heart of Salt River.
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
The hotel now offers 18 furnished guest rooms, all equipped with DSTV.
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
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.
Features
Zoning
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Finance
Total Amount Repayable
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Monthly Repayment
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