Well kept property for sale in the up and coming node of Salt River / Observatory

- Dual Mandate -

This lovely stand alone property is zoned Mixed Use 2 which is arguably the best zoning for any building thus allowing a wide array of end uses and possibilities.

The property is very well kept and is ideally located on the border of Salt River and Observatory. This particular node has seen huge up-liftment in the last 3 years with a number of eateries, coffee shops, retailers, etc making themselves at home in this precinct. A particular thing to note is the new Amazon development which shall be opening its doors in the coming months which will no doubt have a positive effect on this surrounding area. The Observatory area has also seen a large influx of students over the last two years which has thus added to the energetic and vibrant feel of this much loved suburb.

The building itself offers a total of 885 sqm of rentable space over 3 floors with exceptional views of the mountain and harbour. The ground floor offers off street parking plus two 35 sqm workshops whilst the 1st and 2nd floors offers very neat office space. The ideal zoning (MU2) of the property allows for great development potential with around 1348 sqm of total rentable space. This means there is roughly 463 sqm of usable bulk available if required. Another unique selling point is that the property has huge power available at 400 amps supply which opens this building up to any business needing big power.

Contact me today to discuss this property or to arrange a viewing. More info on rates, etc on enquiry.

Property Reference #: 6485049

Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town