A unique and versatile commercial property nestled in a prime location
Introducing a unique and versatile commercial property nestled in a prime location, this free-standing 1033sqm building offers a world of opportunities for savvy investors. The property showcases a harmonious blend of history and modernity, featuring a meticulously preserved heritage residential house alongside a contemporary studio, two flatlets, and two offices. Situated on a spacious plot with an expansive yard, the property not only provides abundant parking but also presents an enticing development opportunity. Boasting a mixed-use 2 zoning designation, the potential is vast - consider transforming this gem into a dynamic student housing facility or a sophisticated residential building. Each unit within the property is thoughtfully equipped with a convenient kitchenette, ensuring functionality and practicality. As an added allure, the breathtaking views of Table Mountain serve as a picturesque backdrop, creating an inspiring atmosphere for both residents and tenants.
With its strategic location and mixed-use zoning, this property is a canvas waiting to be painted with possibilities. Currently, the space is fully tenanted, attesting to its appeal and income-generating potential. Don't miss the chance to invest in this beautiful, well-maintained property - a space brimming with potential and a promising future. seize this golden opportunity to make your mark on the landscape of development and investment. The property is listed excluding vat, to arrange a viewing of for additional information on this amazing property feel free to contact Tyrone.
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Disclaimer: While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
