2 552 m² Commercial space in Arcadia

COLOSSEUM HOTEL & CONFERENCE CENTRE PRIME INVESTMENT OPPORTUNITY IN PRETORIA

Asking Price: R29,700,000 Negotiable

GMO Properties is proud to present the Colosseum Hotel and Conference Centre, a substantial hospitality property offering an exciting investment opportunity in Pretoria.

The property comprises approximately 5,753 m² of gross lettable area on a 2,552 m² erf and features 58 existing hotel rooms, a penthouse, a presidential suite, retail space, conference facilities and a range of hospitality amenities.

The property offers potential for continued hotel and conference operations, student accommodation conversion or alternative redevelopment opportunities, subject to feasibility assessments and the necessary municipal, zoning, building and other regulatory approvals.

Property Features:

Gross Lettable Area: 5,753 m²

Erf Size: 2,552 m²

58 existing hotel rooms

Penthouse and presidential suite

Conference facilities accommodating approximately 750 delegates

Restaurant with approximately 100 seats

Retail space

Covered parking

Rooftop swimming pool

Gym and snack bar

Existing hospitality infrastructure

Strategic Location

The property is situated within Pretoria''s established educational and commercial precinct, with reported proximity of approximately 300 metres to nearby educational institutions, including Tshwane University of Technology TUT and Tshwane North TVET College. This location may offer opportunities for investors exploring the student accommodation market, subject to confirmation of routes, demand and applicable accreditation requirements.

Investment Potential

This property is suited to investors, hospitality operators, developers and institutional buyers seeking a substantial asset with multiple potential income strategies. Prospective purchasers can explore maintaining the existing hospitality business, repositioning the property or investigating alternative uses, subject to the relevant approvals.

Asking Price: R29,700,000 Negotiable

For further information, property enquiries or investment discussions, contact US