This freehold building is a MU3 zoned property and located just off the busy Long Street in the heart of Cape Town. Surrounded by eateries, restaurants and nightclubs. The zoning allows for residential conversion opportunity. The property is currently tenanted by a nightclub type operator, providing rental income to an investor with a 3 year lease agreement in place and includes a liquor license. The property measures approximately 450m2. Asking price of R4 500 000 exclusive of VAT Rates = R5 256.37 CID = R1010.13 Contact me for more information and viewing arrangements.
CAPE TOWN Central Business District Area Profiling:
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Cape Town originated in 1652 and prior to it's name, Cape Town was first called "Hui! Gais" by the Khoi people, which meant "Where Clouds Gather", due to the fact that, clouds always moves over Table Mountain.
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