R 21 950 000 | building property for sale in newlands

Property Description

Discover a rare investment opportunity nestled in the vibrant heart of Newlands, where urban sophistication meets unparalleled convenience. This meticulously crafted mixed-use property offers the perfect blend of luxury living and prime commercial spaces, catering to the diverse needs of tenants and investors alike. Premier Location: Situated in the prestigious enclave of Newlands, this property enjoys a coveted address with easy access to the city's most coveted amenities and attractions. With General Business 1 zoning, the possibilities are endless, whether you're seeking a dynamic retail space or a trendy residential oasis. Luxurious Residences: Step into the epitome of modern living with six exquisite one-bedroom apartments and two spacious two-bedroom apartments, each meticulously designed and equipped with top-of-the-line Smeg appliances. From sleek gas hobs to stylish ovens and state-of-the-art refrigerators, every detail has been curated for discerning residents seeking the ultimate in comfort and convenience. Upscale Retail Spaces: Elevate your business to new heights with three premium retail spaces located on the ground floor, offering maximum visibility and foot traffic. Whether you're launching a boutique cafe, upscale salon, or trendy storefront, these versatile spaces provide the perfect canvas to showcase your brand and captivate customers. Turnkey Investment: With a fully tenanted commercial property and newly updated residential units, this investment opportunity is a dream come true for savvy investors seeking low-maintenance, high-return assets. Enjoy peace of mind knowing that your property is generating consistent income while offering tenants a desirable lifestyle they'll love coming home to. Seize the Opportunity: Don't miss your chance to secure your stake in the thriving Newlands community and unlock the potential of this prime mixed-use property. Whether you're an investor looking to diversify your portfolio or a business owner ready to make your mark, this is the opportunity you've been waiting for. Don't delay, call now to book your exclusive viewing appointment


Property Details

Purchase Price R 21 950 000

Building Size600 m2

Price Per SQMR 36583 m2

Type of PropertyBuilding

ZoningMixed Use

Land Size621 m2

Last Updated17 Apr 2024

Property Location

Agent

Kaveer Rangisingh

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