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MIXED USE BUILDING | FOR SALE | THREE ANCOR BAY

R 13,000,000

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Description
Conveniently situated for easy access to Sea Point, Greenpoint, the Waterfront, and the City Centre, this property encompasses a 1,350m2 erf with approximately 900m2 of space under-roof spread across three floors. On the ground floor, you'll find a spacious fifteen-car parking garage, a one-bedroom flatlet, a games room, various storage rooms and bathrooms, as well as four shaded parking bays secured behind a locked gate.

Ascending to the first floor reveals a generous reception/waiting area, a sizable boardroom, several meeting rooms, a kitchen, bathrooms, and additional storage space. Moving up to the second floor, there is a large open-plan work area, multiple smaller offices, and additional bathrooms. The first floor also provides access to a balcony with ample space that can be utilized as a relaxation or barbecue area. Currently serving a dual purpose as office space, training facilities, and accommodation, this property is versatile and well-suited for various purposes such as student housing, administrative offices, a training and learning center, among other possibilities.

Property Reference #: CL3263

Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town

Id Subtitle 1250735587
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Estimated monthly repaymentR 140,882
Total property loan amountR 13,000,000
Total interestR 20,811,661
Total repaymentR 33,811,661
Interest rate at 11.75% for 20 years *
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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