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Mixed Use Opportunity In Sought-after Waterkant Street
R 5,495,000
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2 years ago321 views
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General Details
Location:
For Sale By:Agency
Description
We are proud to present this beautiful commercial/residential property in De Waterkant Cape Town.
The property consists of two large floor-plates and the property has just had a completely new roof put on. Both floors are plumbed for bathrooms. The property also has an enclosed staircase that would permit dual-use with residential/offices/restaurant upstairs and commercial/retail downstairs.
The top-floor section would be ideal for a restaurant or art galley due to its large balcony space facing Waterkant Street and its beautifully maintained flooring and high ceilings.
The retail/ground-floor section of the property would work extremely well for all types of businesses. De Waterkant has always been known for high foot traffic and premium retail nodes.
I have sold numerous properties in the area and this is a a great investment purchase.
Please see the attached plans below:
Property Reference #: RL480
Agent Details:
Matthew McWilliams
Revo Property
3 Caledonian Road Mowbray
The property consists of two large floor-plates and the property has just had a completely new roof put on. Both floors are plumbed for bathrooms. The property also has an enclosed staircase that would permit dual-use with residential/offices/restaurant upstairs and commercial/retail downstairs.
The top-floor section would be ideal for a restaurant or art galley due to its large balcony space facing Waterkant Street and its beautifully maintained flooring and high ceilings.
The retail/ground-floor section of the property would work extremely well for all types of businesses. De Waterkant has always been known for high foot traffic and premium retail nodes.
I have sold numerous properties in the area and this is a a great investment purchase.
Please see the attached plans below:
Property Reference #: RL480
Agent Details:
Matthew McWilliams
Revo Property
3 Caledonian Road Mowbray
Id Subtitle 1030184584
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Estimated monthly repaymentR 59,550
Total property loan amountR 5,495,000
Total interestR 8,796,929
Total repaymentR 14,291,929
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Revo Property
Selling for 3+ years
Total Ads110
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