17 Bedroom hotel for auction in Balfour
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17
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17
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Web Ref: 1307867
Property Features
Interior Features
Exterior Features
HOTEL, BAR AND BOTTLE STORE PRESENTING AN IDEAL LONG-TERM INVESTMENT
Going on Auction: Wednesday 23 July 2025
Reserve Price: R4 500 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Spacious seventeen-bedroom, seventeen-bathroom hotel designed for comfort and convenience, previously known and operated as the Merino Hotel in Grootvlei. Each room is carpeted, offering a cozy and homely feel. Fully fitted commercial kitchen with gas stove and industrial extractor fan. Includes bottle store, a bar area, built-in braai and 10 000L Jo-Jo tank. Perfectly positioned and ideal for accommodating contractors working at nearby mines and power station. The hotel is currently vacant and not operational. No liquor license is in place anymore. Only the property is for sale and is not offered as a running concern.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Contact the agent
Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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