R 4 500 000 | building property for sale in cape town city centre

Property Description

This freehold building is a MU3 zoned property and located just off the busy Long Street in the heart of Cape Town. Surrounded by eateries, restaurants and nightclubs. The zoning allows for residential conversion opportunity. The property is currently tenanted by a nightclub type operator, providing rental income to an investor with a 3 year lease agreement in place and includes a liquor license. The property measures approximately 450m2. Asking price of R4 500 000 exclusive of VAT Rates = R5 256.37 CID = R1010.13 Contact me for more information and viewing arrangements.


Property Details

Purchase Price R 4 500 000

Building Size329 m2

Price Per SQMR 13677 m2

Type of PropertyBuilding

ZoningMixed Use

Last Updated18 Apr 2024

Property Location

Agent

Sharon Marais

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