R12,590,000
Prime main road facing property for sale in a bustling node Observatory
This free standing property is ideally located on the busy Observatory main road which sees high volumes on passing traffic and foot traffic on a daily basis. The building is well known for its unique architectural design, landmark features and its ideally located in the thick of the action.
The property offers a total of 700 sqm of rentable space over two floors. The ground floor is currently tenanted by a very strong national tenant with a few years left on their lease with intentions to renew for another 5 years. The 1st floor is currently vacant but offers a unique make and create space with 3 phase power and great natural lighting.
The property is also ideally zoned Mixed Use 2 with consent use for industrial. This is a unique find in this area. The zoning also allows for a prime development site down the line with 1820 sqm of total rentable space allowed on the site.
Overall the location is absolutely ideal with ample passing trade and easy public transport. The location is as central as it gets with easy arterial access. The branding potential on the building is a selling card on its own.
Dont miss out on this stunning property. Contact me to do find out more or to view.
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
700m²
Land Size
455m²
Observatory, Cape Town
Observatory is one of Cape Town's most Victorian-esque suburbs owing to its alternate, artistic and vintage feel to it all wrapped into one. The colourful homes, narrow streets and close proximity to cafes, restaurants and bars, make it a popular place to relocate.
Observatory is also one of Cape Town's most appealing suburbs for young families and students who are studying at the University of Cape Town,...
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