Sole Mandate
Under Offer

Commercial Property sold in Weltevreden, Strand

R3,500,000
  1. 1,430m²
  2. 1
  3. Web Ref: 1027842

Property Features

ERF Size 1,430 m²
Home Owner Levies R1,480
Building Size 750m²

Interior Features

1 Bathroom
Security

Exterior Features

5 Parking Spaces

FOR SALE: COMMERCIAL PROPERTY – GORDONS BAY DRIVE – R 3 500 000 PLUS VAT

SOLE MANDATE. POSITION PERFECT HIGH DEMAND LOCATION – WILL APPEAL TO BOTH INVESTOR AND DEVELOPMENT BUYERS
Located on busy, Gordons Bay Drive, opposite intersection with Beach Road in Strand this rare, high visibility investment and redevelopment opportunity presents itself to the astute investor. The property is currently tenanted. Redevelopment plans to build 750 m² of retail/ commercial space is in an advanced stage of approval with City of Cape Town. Plans available upon request.
The property is undergoing a major renovation – expenditure to date approximately: R 250 000.

SALIENT FEATURES
Erf Size – 1430 m²
Zoning – General Business 2
Power Supply – 3-Phase (70 Amps)
Current Number of Rental Units – Three
Ample Customer Parking available
For further details or to arrange a viewing please contact…..

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