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R 57 000 000

Commercial Property for Sale in Salt River

Salt River, Cape Town

Contact brokers for street address

5 195 m²

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Large Mixed Use Zoned Property For Sale - Salt River

Property For Sale - Development OR Investment Opportunity

* Student Accommodation And/Or Affordable Housing Development To Augment Existing Activity In This Precinct *

9 Brickfield Road – Salt River

R57,000,000.00 Plus Vat

Site Breakdown:

Erf Size: 5,251m2 * Zoning: MU2 (Mixed Use 2)

* F.A.R (Bulk Factor): 4 (c.21,000m2) *

Occupied By National Tenant with Strong Lease Covenants:

• Tenant: Buco Hardware

• Lease Expiry: 30/04/2026

• Renewal Option: 5 Years

• Rental Escalation: 6%

• Lease Type: Triple Net

(Tenant Responsible For All Costs Including

Rates/Levies, Utilities, Insurance, Repairs &

Maintenance)

** Business Is Not For Sale **

Listing number: P24-115636138, Image number: 1

Listing number: P24-115636138, Image number: 2

Listing number: P24-115636138, Image number: 3

Listing number: P24-115636138, Image number: 4

Listing number: P24-115636138, Image number: 5

Property Overview

Listing Number

115636138

Type of Property

Commercial Property

Listing Date

25 February 2025

Erf Size

5 251 m²

Floor Size

5195 m²

Points of Interest

Bond Calculator

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