136-year-old Cape Town hotel and shopping mall goes on sale for R50 million

A Cape Town hotel and shopping mall dating back to 1890 is on the market for R50 million, marking a significant sale in the city's commercial property market. The historic Kings Hotel and The Decks retail space occupy a heritage building in the city centre, offering a rare opportunity for investors to tap into the area's growing popularity. As the city's limited space and high demand continue to drive up property values, this sale is likely to attract attention from developers and investors looking to capitalize on Cape Town's thriving commercial scene.