A rare opportunity has become available in Cape Town's Upper Sea Point, where an exclusive small hotel has come onto the market at R10 million.

Exclusively marketed by Pam Golding Properties, the four-star Glen Boutique Hotel offers a combination of casual chic style and uncompromising luxury and privacy. The exquisitely decorated rooms have recently been fully refurbished to the highest international standards, and the hotel is situated within easy walking distance of some of the city's finest restaurants and trendiest clubs and bars. The beach and Waterfront are also within close proximity.

PGP's Atlantic Seaboard area manager Laurie Wener says the sale of the Glen Boutique Hotel offers a unique investment opportunity, as the buyer will not only be acquiring a stunningly fitted-out building, but a thriving business.

"More and more visitors to Cape Town are showing a preference for the small, intimate luxury establishment, where the personalised attention of the owner or manager means that all their needs are tended to. We are finding that an increasing number of guests want to relax and unwind in a warm homely environment which is nevertheless superbly luxurious, and the Glen creates just this sort of haven. Easy access to all amenities means guests also have the freedom to come and go as they please. Regular visitors to this hotel have loved the personal welcome they received on their frequent visits, and regard it as a home away from home."

Mick Joyce, MD for PGP in the Western Cape metro region, says the Sea Point area in general is enjoying an upsurge in interest among investors, both private individuals seeking residential accommodation, as well as those in the hospitality industry. "Its convenient location close to Cape Town, the Waterfront and main highways, coupled with its suburban appeal, make it an ideal situation for a boutique hotel of this nature," he says.

Each of the 10 individually-styled bedrooms has its own bathroom and private garden terrace or balcony, with sweeping mountain and/or sea views. Several offer double-size showers and double vanity units, allowing an emphasis on spaciousness and luxury. King-sized beds and Philippe Starck baths are complemented by the very best Italian bathroom fittings, adding up to a picture of relaxed but elegant luxury living. Set on a property of 936sqm, the 850sqm hotel is north-facing, ensuring that every ray of Cape sunshine floods the bedrooms, while in winter, under-floor heating will ensure guests' comfort.

The hotel's entertainment and relaxation areas include a magnificent sundeck and large terrace overlooking a large pool surrounded by massive palm trees.

Large reception and dining areas as well as a Moroccan-style steam room, jacuzzi and massage tables mean that no creature comfort is forgotten for guests at this exclusive retreat. Business travellers will enjoy the state-of-the-art computer and secretarial support facilities, while the secure parking available for seven vehicles ensures peace of mind for guests. The hotel can also be used by non-residents to host their own private functions.

To view the Glen Boutique Hotel or for more information, contact PGP's Atlantic Seaboard area specialist Casper Steyl on 082 447 1774 or 021 439 7415. Atlantic Seaboard area manager Laurie Wener can also be contacted on 082 777 0002 or 021 438 0002.

ENDS

Caption: Privacy, intimacy and luxury make the Glen Boutique Hotel an attractive investment opportunity. Pam Golding Properties is marketing the 10-roomed Upper Sea Point hotel at R10 million.

Released on behalf of Pam Golding Properties by Philippa Hudson.