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Commercial Property for Sale in Salt River

1 Fairland House, 364 Victoria Road, Salt River, Cape Town
  • Floor Size 1 744 m²
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Daniel Botha

INVESTMENT: Ground Floor Showroom/Retail At Busy Intersection

Situated on the corner of Victoria Road and Browning Road, Fairland House is a landmark development now in the middle of this gentrified node of Salt River with new major AAA-grade developments recently completed and some going to ground soon. The area has seen a serious increase in blue-chip national tenants and owner-occupiers occupying this stretch of road. The building has maximum exposure onto Victoria Road and this section has impressive glass shopfronts allowing any potential buyer to display their best products and draw the public in. There is also customer parking conveniently located directly outside the front doors. There is Industrial access via roller shutter door and ramp from Browning Road, making receiving or dispatch operations easy without inconveniencing any customers who arrive to do some shopping. This section, which has been split into two units...

Situated on the corner of Victoria Road and Browning Road, Fairland House is a landmark development now in the middle of this gentrified node of Salt River with new major AAA-grade developments recently completed and some going to ground soon. The area has seen a serious increase in blue-chip national tenants and owner-occupiers occupying this stretch of road. The building has maximum exposure onto Victoria Road and this section has impressive glass shopfronts allowing any potential buyer to display their best products and draw the public in. There is also customer parking conveniently located directly outside the front doors. There is Industrial access via roller shutter door and ramp from Browning Road, making receiving or dispatch operations easy without inconveniencing any customers who arrive to do some shopping. This section, which has been split into two units of 973 sqm and 771 sqm with partitioning, takes up the entire ground floor of the sectional title development. It is occupied by two separate tenants in the furniture and clothing business. The 973 sqm unit is available for any purchaser to take occupation on transfer, while the 771 sqm section has a strong tenant in place until the end of March 2025(Contact me for more rental information). The two units, however, are divided with simple partitioning, meaning that the entire floor space can be opened up again to provide larger retail premises.

Fairland House is conveniently located on the border of Salt River and Observatory and is rapidly accessible from all Arterial routes and public transport stations in the area. The building also benefits from exposure and great signage opportunities as it is situated on the corner of Victoria Road and Browning Road. For more info on this unit or others in the sectional title scheme, please contact our area specialist at Annenberg Property.

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Listing number: P24-113708988, Image number: 1, Image
Listing number: P24-113708988, Image number: 2, Image
Listing number: P24-113708988, Image number: 3, Image
Listing number: P24-113708988, Image number: 4, Image
Listing number: P24-113708988, Image number: 5, Image
Listing number: P24-113708988, Image number: 6, Image
Listing number: P24-113708988, Image number: 7, Image
Listing number: P24-113708988, Image number: 8, Image
Listing number: P24-113708988, Image number: 9, Image
Property Overview
Listing Number
113708988
Type of Property
Commercial Property
Street Address
1 Fairland House, 364 Victoria Road, Salt River
Listing Date
28 November 2023
Erf Size
2 174 m²
Floor Size
1744 m²
Levies
R 25 034
Special Levy
R 0
Rates and Taxes
R 13 185
Furnished
Optional
Floor Number
1
Bathrooms
8
Board Rooms
2
Kitchens
2
Power Availability
Three Phase
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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