R 21 750 000 | retail property for sale in salt river

Property Description

- Exclusive Listing By Appointed Agent - This prime retail space is ideally located along the busy Main Road in Salt River. The property falls part of the Fairland House sectional title development and includes the entire ground floor retail portion. The property is zoned mixed used 2 and offers 1744 sqm of prime retail space with a full glass frontage onto the Main Road. There are also a number of parking bays situated directly outside the entrance to the property along with ample street parking on the side road adjacent. There is vehicle delivery access from the side road which could be customised to allow back of house vehicle access if required. The area sees high levels of vehicle traffic and has seen increase development over the past few years. This has drastically increased the quality of the area which has thus attracted a number of national tenants. Plans for development of nearby buildings are currently underway which shall increase the already great prospects of the area. The location is arguably the most central location when considering the high LSM nodes of Cape Town. This is also boosted by the easy arterial Road access to the building which drastically decreases travelling times from both your southern suburbs, central business district, and the Northern suburbs. The property shall be sold with one tenant in occupation taking up 50% of the property. Thus a potential investor or an owner occupier would have income on the property when purchased. Contact me for more info on this. Feel free to contact me to discuss this unique opportunity or to arrange a viewing.


Property Details

Purchase Price R 21 750 000

Building Size1744 m2

Price Per SQMR 12471 m2

Type of PropertyRetail

ZoningCommercial

Land Size1744 m2

Last Updated26 Feb 2024

Property Location

Similar Property in nearby suburbs

Agent

Kurt Dreyer

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