This free standing property is ideally located on the busy Observatory main road which sees high volumes on passing traffic and foot traffic on a daily basis. The building is well known for its unique architectural design, landmark features and its ideally located in the thick of the action. The property offers a total of 700 sqm of rentable space over two floors. The ground floor is currently tenanted by a very strong national tenant with a few years left on their lease with intentions to renew for another 5 years. The 1st floor is currently vacant but offers a unique make and create space with 3 phase power and great natural lighting. The property is also ideally zoned Mixed Use 2 with consent use for industrial. This is a unique find in this area. The zoning also allows for a prime development site down the line with 1820 sqm of total rentable space allowed on the site. Overall the location is absolutely ideal with ample passing trade and easy public transport. The location is as central as it gets with easy arterial access. The branding potential on the building is a selling card on its own. Dont miss out on this stunning property. Contact me to do find out more or to view.
Purchase Price R 12 590 000
Building Size700 m2
Price Per SQMR 17985 m2
Type of PropertyOffice
ZoningCommercial
Land Size455 m2
Last Updated27 Mar 2024
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