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Prime main road facing property for sale in a bustling node Observatory
R 12,590,000
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30 days ago42 views
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General Details
Location:
Description
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.
Property Reference #: 6418724
Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
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.
Property Reference #: 6418724
Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1270890864
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Estimated monthly repaymentR 136,439
Total property loan amountR 12,590,000
Total interestR 20,155,293
Total repaymentR 32,745,293
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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Quay1 International Realty
Selling for 2+ years
Total Ads741
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