R 3 900 000 | building property for sale in observatory

Primely positioned on Speke Street one address away from the exciting Lower Main Road with Mixed-Use 2 Zoning, these two interleading properties on the same Erf provide an excellent opportunity for an owner-occupier to live and work from home. The two interleading houses have been converted to a distribution facility with offices and a warehouse component. As it stands, the property is ideally suited to a distribution facility with admin offices, however, there is additional bulk available on the site which provides an opportunity for redevelopment or conversion The solid structure boasts great visibility from Lower Main Road, two receptions areas with pedestrian access from both Nelson Street and Speke Street, 3 phase power, and bathroom as well as kitchenettes on both floors. The first floor consists of multiple drywalled offices which can be removed to create an open-plan studio space with great views of Table mountain and Devils Peak. The property is primely positioned in the quiet and central part of Observatory and is short walking distance to Observatory Station and other public transport routes. The park is also easily accessible from the N1 and N2 via Liesbeek Parkway. For more information please contact the Annenberg Area Specialist.