R 38 000 000
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Commercial space in Lansdowne

50 29 50 6 326 m²

Prime Mixed-Use Development Opportunity in Lansdowne

Secure a landmark 6,326 m² mixed-use site, formerly a hotel, with endless possibilities for retail, medical, hospitality, student living, dining and more. Positioned on a major MyCiTi bus route, this property is a canvas for visionary DEVELOPERS looking to transform the heart of Lansdowne.

Key Details

Price: R38,000 000.00 excluding transfer fees. Seller not VAT registered

Commission to be paid by the buyer

Sold voetstoots

CoCs to be done by the buyer

Sold without vacant occupation

Zoning: Mixed Use

Land size: 6,326 m²

Property Overview

A former hotel structure awaits reinvention. Its robust footprint and established services infrastructure allow for rapid conversion into:

A boutique shopping centre or supermarket

A medical clinic or wellness centre

Student accommodation or long-stay suites

Restaurants, cafs, or co-working spaces

Huge yard and parking for 50 vehicles

Its prime corner position and direct access to the MyCiTi route ensure high foot traffic and excellent visibility.

Existing Accommodation

The building currently offers 50 rooms, configurable to suit diverse uses:

En-suite rooms with private bathrooms

Standard rooms sharing communal bathrooms

Three larger units for families or group stays

oThese can be reimagined as short-stay suites, student pods, or flexible office pods.

oShared Facilities & Ancillary Space

Developers will benefit from in-place support facilities:

oCommunal kitchens suitable for food courts or catering hubs

oSpacious dining halls adaptable to events or pop-up markets

oSecure yard plus additional street parking for over 50 vehicles

oThe sites layout lends itself to retail frontages, alfresco dining courtyards, or landscaped public plazas

oMosque construction

Location & Connectivity

Directly on Lansdownes MyCiTi bus corridor

Moments from Jan Smuts Drive, linking to the N2 and M5

Within walking distance of schools, community centres, and retail nodes

This connectivity maximises catchment for retail tenants, medical patients, and students alike.

Additional Insights You Might Consider

Municipal Incentives: Explore Cape Towns urban regeneration grants for mixed-use and affordable housing projects.

Conceptual Schemes: Commission feasibility studies on retail-to-residential ratios or podium parking to boost yield.

Eager to delve deeper into Lansdownes market dynamics or sketch out a master plan Lets explore how to maximise value and impact on this landmark site.

Contact Bibi Best to arrange a confidential site tour, discuss zoning amendments, or review preliminary concept plans. Serious developers are invited to submit expressions of interest.

Bibi Best is a representative of Real Estate Power CC, trading as REAL REALTY

Property details

  • Listing number T5410070
  • Property type Commercial
  • Listing date 3 Mar 2026
  • Land size 6 326 m²
  • Rates and taxes R 42 000

Property features

  • Bedrooms 50
  • Bathrooms 29
  • Open parking 50

Photo gallery

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