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R 3 500 000

Commercial Property for Sale in Observatory

Observatory, Cape Town

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136 m²

Contact Broker

Ryan Hamburger

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Dont Miss Out On this Exceptional Investment Opportunity In Observatory

Accepting Offers.

DESCRIPTION:

Remarkable commercial retail property presenting a blend of versatility and lucrative prospects for savvy investors. Nestled in the vibrant Observatory.

• Prime corner location for maximum visibility!

• Ground floor: Currently leased until March 31, 2026. Retail. Features a roller shutter door for

off street parking for 2 small vehicles, offices, yard space, restroom, and ample storage.

• First floor: Also leased until March 31, 2025. Comprises a 110m² , 2-bedroom apartment with

1 bathroom, office space, open-plan kitchen and living area, and a open balcony with

stunning Mountain views.

The cafe lease terminates 31 March 2026, Rent is R13,375 p.m.

The apartment above lease terminates 31 March 2025, Rent is R12000p.m

Rates R2067.53, cid r425.51, Tenants pay for all water and electricity.

DETAILS:

• Erf size: ...

Listing number: P24-114811591, Image number: 1

Listing number: P24-114811591, Image number: 2

Listing number: P24-114811591, Image number: 3

Listing number: P24-114811591, Image number: 4

Listing number: P24-114811591, Image number: 5

Listing number: P24-114811591, Image number: 6

Property Overview

Listing Number

114811591

Type of Property

Commercial Property

Listing Date

19 August 2024

Floor Size

136 m²

Points of Interest

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