R 16 000 000 | building property for sale in cape town city centre

Tramway House is a beautiful heritage building that offers a rich history embedded in it's walls that whispers tales of the past. It is situated at 56 Waterkant Street and positioned on the Fanwalk within the heart of Cape Town. Zoned General Business 7 and currently offering retail space on the ground floor along with a residential apartment on the upper level. This freehold property provides allowance for commercial or residential offering along with a bulk build allowance of 60m up with 12 floor levels allowed, making this investment a excellent redevelopment purchase. The current extent of the property is 240m2. Asking Price is R16 000 000 exclusive of VAT. Contact Sharon Marais, our Commercial Property Broker, for more information, viewing arrangements and professional assistance with placing your business in the perfect space.