Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 14 500 000

Commercial Property for Sale in Wynberg Upper

Wynberg Upper, Cape Town

Contact brokers for street address

311 m²
- m²: 311 m²
- Hectares: 0.031 ha
- Acres: 0.077 acres

NO TRANSFER DUTY

Contact Brokers

Prime Investment Opportunity in Chelsea Village, Wynberg, Cape Town

Exclusive Standalone Building with Retail Shop Front.

Seize the chance to own a landmark property in the heart of Chelsea Village, Wynberg – a vibrant and sought-after destination known for its charm and bustling atmosphere. This unique investment opportunity offers a standalone building with a retail shop front, perfectly situated next to the iconic Four & Twenty Café.

Property Highlights:

Versatile Two-Storey Layout:

o Ground Floor: Previously operated as an upmarket restaurant, this space boasts a history of successful trading, making it an ideal location for a new dining experience or any other retail venture.

o Top Floor: Fully occupied by 2 tenants - a well-established Hair Salon and a luxurious Spa , ensuring a steady rental income stream.

• Large Veranda with Ample Outdoor Seating:

Perfect for creating a charming al fresco dining area, ideal...

Exclusive Standalone Building with Retail Shop Front.

Property Highlights:

Versatile Two-Storey Layout:

o Ground Floor: Previously operated as an upmarket restaurant, this space boasts a history of successful trading, making it an ideal location for a new dining experience or any other retail venture.

o Top Floor: Fully occupied by 2 tenants - a well-established Hair Salon and a luxurious Spa , ensuring a steady rental income stream.

• Large Veranda with Ample Outdoor Seating:

Perfect for creating a charming al fresco dining area, ideal for Cape Town’s sunny summers.

• Prime Location with Excellent Visibility and Foot Traffic:

Nestled in a vibrant hub next to the popular Four & Twenty Café, this property benefits from high foot traffic and an upmarket clientele. It is also strategically located amongst affluent residential areas such as Bishopscourt, Rondebosch, and Claremont, ensuring a consistent and high-spending customer base.

Furthermore, the property is in close proximity to renowned lifestyle and decor destinations including Block & Chisel, French Dispatch Company, Artefact Haus (Hertex), and L’Orangerie. This cluster of premium retailers attracts a sophisticated clientele, making this location ideal for an upscale restaurant, boutique store, or any high-end retail business.

A rarity in Chelsea Village, the property is surrounded by convenient parking options for guests.

Zoned for General Business, allowing for a variety of business opportunities, including retail, restaurant, office space, or a boutique store.

Why Invest Here?

Chelsea Village is renowned for its quaint, sophisticated atmosphere and thriving commercial scene. With its rich history of successful businesses, this property is perfectly positioned for the next chapter in its legacy. Its location amidst high-end residential areas and proximity to premier lifestyle retailers guarantees a steady flow of affluent customers, making it an ideal spot for premium retail or dining establishments

Listing number: P24-115648110, Image number: 1

Listing number: P24-115648110, Image number: 2

Listing number: P24-115648110, Image number: 3

Listing number: P24-115648110, Image number: 4

Listing number: P24-115648110, Image number: 5

Listing number: P24-115648110, Image number: 6

Listing number: P24-115648110, Image number: 7

Listing number: P24-115648110, Image number: 8

Listing number: P24-115648110, Image number: 9

Property Overview

Listing Number

115648110

Type of Property

Commercial Property

Description

Retail

Listing Date

27 February 2025

Erf Size

311 m²

No Transfer Duty

Yes

Rates and Taxes

R 8 630

Zoning

General Business

Building

Number of floors

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:

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.