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Versatile property for sale in the bustling node of Lower Main Road
R 3,900,000
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General Details
Location:
Description
This unique property is ideally located in the energetic node of Observatory and offers two neighbouring properties well suited for a wide range of businesses or upliftment ideas. These can be sold separately if required.
The property has a stunning facade onto Lower Main main Road and offers two neighbouring ERFs namely: 319 and 321 Lower Main. The two properties have separate entrances but are interlinked internally. By far the biggest value add is the ample parking on offer. There is space for around 6 vehicles on the curbside and another +- 5 vehicle at the back. The zoning of General Business 1 also allows for flexibility thus allowing a live and work environment or even a multi-tenant environment catering for the demands of the market. Both properties are have ample water and waste points along with ample toilets. There is 3 phase power available and a 1st floor hoist gantry for large items. Both also have prepaid electricity and offer +- 185 sqm of rentable space each side over two floors.
With a quick clean up and paint this property could be ideally suited for your business or your next property venture. Contact me to discuss all possibilities or find out more regarding rates, plan, etc.
Property Reference #: 6272105
Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
The property has a stunning facade onto Lower Main main Road and offers two neighbouring ERFs namely: 319 and 321 Lower Main. The two properties have separate entrances but are interlinked internally. By far the biggest value add is the ample parking on offer. There is space for around 6 vehicles on the curbside and another +- 5 vehicle at the back. The zoning of General Business 1 also allows for flexibility thus allowing a live and work environment or even a multi-tenant environment catering for the demands of the market. Both properties are have ample water and waste points along with ample toilets. There is 3 phase power available and a 1st floor hoist gantry for large items. Both also have prepaid electricity and offer +- 185 sqm of rentable space each side over two floors.
With a quick clean up and paint this property could be ideally suited for your business or your next property venture. Contact me to discuss all possibilities or find out more regarding rates, plan, etc.
Property Reference #: 6272105
Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1270890867
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Estimated monthly repaymentR 42,265
Total property loan amountR 3,900,000
Total interestR 6,243,499
Total repaymentR 10,143,499
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
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