R9,800,000

R9,800,000

679m² Building For Sale in Cape Town City Centre
Sole Mandate
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Prime Development Opportunity East City Precinct Cape Town

Web Ref. CL2034
Floor size 679.00 m²
Monthly Bond Repayment
R89,644.45
This presents a rare opportunity to develop this freestanding building in the busy Buitenkant Street area. Currently the property comprises 15 fully tenanted apartments as well as two ground floor retail outlets with an existing GLA of 679 sqm.

The sellers have obtained a demolition permit based on proposed plans for a 9 storey structure comprising 33 apartments and a retail component. With a convenient Mixed Use 3 zoning, this is a gem of an opportunity with endless possibilities in this, the fastest developing node in the City.
Monthly Rates R5,385

Features

Zoning
Commercial
Sizes
Floor Size 679 m²
Listing Info
Date Listed 11-09-23
Time Listed 10:43

Cape Town City Centre, Cape Town

Google map for 679m² Building For Sale in Cape Town City Centre

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