For sale: 3 of the largest hotels in Cape Town, South Africa!: for sale

Key features

A very good day to all of you - our supporters in 57 countries - and counting- around the world! It is yet another lovely day in Cape Town today, certainly the fairest Cape in all the world...

Today, I am so pleased and proud to inform you all that we have received instructions to sell 3 of the largest hotels in Cape Town! Anyone who knows Cape Town will also know the significance and rarity of acquiring a large hotel in Cape Town...So, don't delay, contact me today (in confidence)!

Below please find a summary of the 3 hotels:

• Building 1 (Building and Hotel) 3 Star 78 Rooms.
• Building 2 (Building and Hotel) 4 Star 164 Rooms.
• Building 2 (Apartment Suites) 4 Star 15 Apartments.
• Building 3 (Only the building, with a major Hotel group tenant) 4 Star 242 Rooms.

Total 499 Keys.

Asking prices:

• Hotel and Building 1: R105 Mil.
• Hotel and Building 2: R290 Mil.
• Apartments Building 2: R31 Mil.
• Building 3 (Fixed lease): R375 Mil.

The majority shareholder of the group is looking at a potential exit plan for their properties.

Potential investors can approach these opportunities in four ways:

1. Invest in the acquisition of all three buildings.
2. Invest in the acquisition of 2 hotels and buildings (Building 1 and Building 2).
3. Invest in the apartments (building 2)
4. Invest in Building 3 with long-term lease with a major international hotel group in place with guarantee letters.

Further details will be provided to qualified parties when NDA/NCA has been signed.

To acquire hospitality property in Cape Town is the dream of many hoteliers and hospitality operators! Below are some general details about the city of Cape Town:

Cape Town

Cape Town is the second-most populous city in South Africa, after Johannesburg, and also the legislative capital of South Africa. Colloquially named the Mother City, it is the largest city of the Western Cape province and forms part of the City of Cape Town metropolitan municipality. The Parliament of South Africa is situated in Cape Town. The other two capitals are located in Gauteng (Pretoria the executive capital where the Presidency is based) and in the Free State (Bloemfontein the judicial capital where the Supreme Court of Appeal is located). The city is known for its harbour, for its natural setting in the Cape Floristic Region, and for landmarks such as Table Mountain and Cape Point. Cape Town is home to 64% of the Western Cape's population. The city was named the World Design Capital for 2014 by the International Council of Societies of Industrial Design.

In 2014, Cape Town was named the best place in the world to visit by both The New York Times and The Daily Telegraph. Cape Town has also been a host city for both the 1995 Rugby World Cup and 2010 FIFA World Cup, and annually hosts the Africa leg of the World Rugby 7s.

Located on the shore of Table Bay, Cape Town, as the oldest urban area in South Africa, was developed by the United East India Company (VOC) as a supply station for Dutch ships sailing to East Africa, India, and the Far East. Jan van Riebeeck's arrival on 6 April 1652 established the VOC Cape Colony, the first permanent European settlement in South Africa. Cape Town outgrew its original purpose as the first European outpost at the Castle of Good Hope, becoming the economic and cultural hub of the Cape Colony. Until the Witwatersrand Gold Rush and the development of Johannesburg, Cape Town was the largest city in South Africa.

Enjoy, and have an excellent day further!

Best wishes

Cliff Jacobs

Managing Principal

Exquisite Hotel Consultants

CAPE TOWN

Cell: +27 (0) 84 413 1071 / +27 (0) 61 716 6951

Landline: +27 (0) 21 554 0283

Em: cliff@exquisitehotelconsultants.com