Monthly Bond Repayment R181,186.39
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RLS955311
The Altona Hotel is an iconic building in Woodstock. Originally built in the 19th Century
It was repurposed in 1901 as a hotel.
By 2014 the property had fallen into a state disrepair and was need of love and attention.
The current owners came across the property and fell in love with the building and the potential. They embarked on an extensive renovation project and restored the Altona to it previous splendour.
All the compliance certificates were done in July 2021.
Total extent of the land 1,466SQM Total GFA 2,106SQM
Property Features include: 4 x Entrances (One, you can drive straight into the courtyard, offload pieces, and straight into the gallery space). 7 x Offices, each having private bathrooms. 1 x large studio with reception. 1 x first-floor workshop. 1 x attic workshop. 3 x creative studios in the courtyard. 1 x art gallery (With all light fittings to light pieces). 1 x courtyard with direct access to the kitchen, perfect for functions/exhibits. 1 x reception area. 1x Large Balcony. Male and female toilets. 2 x retail shops facing Victoria Road. 1 x first-floor art studio. 2 x storerooms / garages. 7x Parking secure parkings. 3x On-street allocated parking’s.
The security comprises electric fencing, alarm system, CCTV camera system throughout, security gates, and burglar bars.