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R 12 000 000

Commercial Property for Sale in Oranjezicht

Oranjezicht, Cape Town
  • Erf Size 703 m²
    • m²: 703 m²
    • Hectares: 0.07 ha
    • Acres: 0.174 acres
Own A Block In The City

Accepting Offers.

DESCRIPTION:

• Potential to renovate or redevelop and grow the rental income on this exciting opportunity!

• Ideal for the short term rental market too.

• Total gross rental income currently achieving R74 000 per month for all 4 units

• Utilities, insurance and rates approximately R10355 per month.

• Tenants paying electricity

• Ideal position nestled in the heart of the city. Enjoy the convenience of having shops, cafes, and amenities just steps away. Table Mountain and the City Bowl on your doorstep.

• Short distance from highways and city attractions.

• Back courtyard area with lots of potential. Potential to have parking.

• Ideal tourist spot.

• Gross Lettable Area: ±640m²

• Extra Bulk available

• 4 Flats (Originally 3 Bedrooms Per Unit)

• Sizes : ±160m² X 4

DETAILS:

• Erf Size: 703m²

• Zoning: General residential...

Accepting Offers.

DESCRIPTION:

• Potential to renovate or redevelop and grow the rental income on this exciting opportunity!

• Ideal for the short term rental market too.

• Total gross rental income currently achieving R74 000 per month for all 4 units

• Utilities, insurance and rates approximately R10355 per month.

• Tenants paying electricity

• Ideal position nestled in the heart of the city. Enjoy the convenience of having shops, cafes, and amenities just steps away. Table Mountain and the City Bowl on your doorstep.

• Short distance from highways and city attractions.

• Back courtyard area with lots of potential. Potential to have parking.

• Ideal tourist spot.

• Gross Lettable Area: ±640m²

• Extra Bulk available

• 4 Flats (Originally 3 Bedrooms Per Unit)

• Sizes : ±160m² X 4

DETAILS:

• Erf Size: 703m²

• Zoning: General residential 4

DISCLAIMER:

The following information supplied in this advert does not constitute a waranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.

Listing number: P24-114792658, Image number: 1
Listing number: P24-114792658, Image number: 2
Listing number: P24-114792658, Image number: 3
Listing number: P24-114792658, Image number: 4
Listing number: P24-114792658, Image number: 5
Listing number: P24-114792658, Image number: 6
Property Overview
Listing Number
114792658
Type of Property
Commercial Property
Listing Date
14 August 2024
Erf Size
703 m²
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