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Commercial Property for Sale in Cape Town City Centre
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679 m²
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Prime Development Opportunity East City Precinct Cape Town
This presents a rare opportunity to develop this freestanding building in the busy Buitenkant Street area. Currently the property comprises 15 fully tenanted apartments as well as two ground floor retail outlets with an existing GLA of 679 sqm.
The sellers have obtained a demolition permit based on proposed plans for a 9 storey structure comprising 33 apartments and a retail component. With a convenient Mixed Use 3 zoning, this is a gem of an opportunity with endless possibilities in this, the fastest developing node in the City.
Property Overview
Listing Number
109388000
Type of Property
Commercial Property
Street Address
Listing Date
24 November 2020
Floor Size
679 m²
Rates and Taxes
R 5 385
Zoning
General Business
Points of Interest
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