R 3 500 000 | retail property for sale in observatory

This lovely corner property is ideally located in a great node of Observatory which sees high volumes of passing vehicle traffic as well as high pedestrian traffic including students, local staff and local residence. The property is highly visible and is fully tenanted with solid tenants. The ground floor offers a corner retail unit with a total rentable area of 130 sqm. This includes a front retail section, a back office space, private kitchen, private toilets and off street parking for 2 small vehicles with an automatic roller shutter. The first floor measures 110 sqm and is also tenanted and offers a light and bright studio apartment with 2 bedrooms, open plan lounge / kitchen, and 1 neat bathroom. Both rooms also open on to a lovely private balcony with views of the mountain. Contact me to discuss this property and to find out more about rates, income, tenancy, etc.