Camps Bay boutique hotel for sale at R30m

The Bloomberg boutique hotel is for sale through Seeff Properties.

The Bloomberg luxury beachfront complex in Camps Bay is for sale at R30m through Seeff Camps Bay.

Seeff’s Renette Israeli says a landmark beach villa hotel like this is not often available in Camps Bay - they are sought after by investors but rarely available. This one is on the Camps Bay promenade, just 10 metres from the beach.

Currently managed as a five-star self-catering hotel, The Bloomberg has nine furnished one-bedroom apartments with fitted kitchens, air-conditioning and DSTV. All apartments have sea views and there is a sea-facing swimming pool in the complex. The units each sleep four, and have one en suite bedroom and sleeper couches in the living rooms. Units are furnished in neutral shades.

Security features include locks at the main entrance and direct access from the lift. Parking is a hot commodity on the Camps Bay promenade, and The Bloomberg has 13 undercover secure basement bays.

“The Bloomberg is being sold as a single property, but a sectional title register has been opened for the building, so the new owners could sell off flats individually if they choose. Income-generation options vary from a high daily rate (in and out of season) to weekly or monthly rentals.”

She says The Bloomberg is ideally suited to individual holiday travellers, small families and corporate vacations. Companies or film crews could book the entire complex or several units.