R9,950,000

R9,950,000

340m² Building For Sale in Gardens
Sole Mandate
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Iconic Mixed-Use Opportunity on Kloof Nek Road | Tamboerskloof

Web Ref. CL4016
Land size 321.00 m²
Floor size 340.00 m²
Monthly Bond Repayment
R89,162.07
Situated on a high-visibility stretch of Kloof Nek Road in sought-after Tamboerskloof, this landmark building presents a rare opportunity to acquire a well-positioned mixed-use asset combining established commercial income with three residential units, all enjoying exceptional views of Table Mountain and the city skyline. The ground floor comprises a retail space with a long-term tenant in place, connected to a tandem garage and basement space, as well as a second vacant retail/commercial unit with frontage onto Kloof Nek Road and its own adjoining tandem garage, ideal for destination retail. Given its prominent position and consistent demand for space along Kloof Nek Road, the retail component is readily tenantable and well positioned to support stable long-term occupancy.

The first floor features two one-bedroom apartments. One includes a large private balcony with panoramic mountain views, a jacuzzi, en-suite bathroom, and modern kitchen. The second offers an en-suite bathroom, generous lounge and kitchen, and mountain views. The second floor accommodates a studio apartment with a balcony and unobstructed panoramic mountain views. The property offers a prime high-exposure position, an established commercial tenant, three residential income-generating units plus a studio/office, and rare off-street parking for four vehicles, presenting a compelling opportunity for investors seeking diversified income in one of Cape Town’s most desirable neighbourhoods. Viewing strictly on Mondays after 12pm due to tenant requirements.
Monthly Rates R6,600

Features

Zoning
Mixed Use
Sizes
Land Size 321 m²
Floor Size 340 m²
Listing Info
Date Listed 03-03-26

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