Roleand Square | Ground floor | Retail | Gardens | direct loading

R 9,200,000

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1 year ago108 views
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General Details
Description
Roeland Square is a very popular mixed use block in Gardens. This retail unit has full glass shop windows which front onto very busy Roeland Street. The unit could quite easily be sub-divided along the dividing line between the two shop fronts. Roeland Street connects the CBD to the highway, and as such is quite a busy road. Benefit from brand exposure on this popular street in the Gardens. The block itself is well managed and has 24 hour security. There is an internal coffee shop, and the Gardens based block offers an eclectic mix of coffee shops and restaurants including Vida e, food lovers market, and close by Wembley Square. Quick exit out of town onto Nelson Mandela Boulevard into the Suburbs. Close to Cape Town Station, and Myciti bus stops. Vat applicable sale. Vacant occupation on transfer.

The unit is accessed via Roeland Street or via the basement parking from Roeland Square. There is direct loading into the unit through the basement, via a parking bay directly in front of the unit. The premises has been fitted out for a flooring showroom with dry wall partitioning, but could quite easily be reconfigured. The premises has a kitchen at the rear, and if subdivided both units could share the kitchen and loading at the rear.

Property Reference #: CL2772

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 1146245559
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Estimated monthly repaymentR 99,702
Total property loan amountR 9,200,000
Total interestR 14,728,252
Total repaymentR 23,928,252
Interest rate at 11.75% for 20 years *
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Port Commercial Properties Pty Ltd
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