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R 7 000 000

Commercial Property for Sale in Salt River

266 Lower Main Road, Salt River, Cape Town

885 m²

NO TRANSFER DUTY

Contact Broker

Kurt Dreyer

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Well kept property for sale in the up and coming node of Salt River / Observatory

- Dual Mandate -

This lovely stand alone property is zoned Mixed Use 2 which is arguably the best zoning for any building thus allowing a wide array of end uses and possibilities.

The property is very well kept and is ideally located on the border of Salt River and Observatory. This particular node has seen huge up-liftment in the last 3 years with a number of eateries, coffee shops, retailers, etc making themselves at home in this precinct. A particular thing to note is the new Amazon development which shall be opening its doors in the coming months which will no doubt have a positive effect on this surrounding area. The Observatory area has also seen a large influx of students over the last two years which has thus added to the energetic and vibrant feel of this much loved suburb.

The building itself offers a total of 885 sqm of rentable space over 3...

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Property Overview

Listing Number

114379125

Type of Property

Commercial Property

Street Address

266 lower main road, Salt River

Description

Office

Listing Date

08 May 2024

Gross Price

R 7 000 000

Net Price

R 7 000 000

Availability Date

15 August 2024

Erf Size

337 m²

Floor Size

885 m²

No Transfer Duty

Yes

Zoning

Mixed Use

External Features

Parking

Building

Gross Lettable Area

885 m²

Backup Power

Backup Battery / Inverter

Other Features

Internet Access

Satellite

Points of Interest

Bond Calculator

Monthly Repayment:

Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

Min Gross Monthly Income:

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*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.