R 13 225 000 | retail property for sale in wynberg upper

Property Description

This property is ideally located in the well known precinct of Chelsea Village, Upper Wynberg and offers a unique investment opportunity to a savvy buyer. This node is well known for its high end retailers and businesses which attract high end clientele. Companies such as art galleries, antique stores, estate agencies, and popular coffee shops have made themselves at home here over the years. The site offers a rentable area of 510 sqm over 2 floors. The ground floor is recently vacant but offers a prime street facing retail unit which is ideal for any business but particularly suited to restaurant/coffee shops, art galleries, estate agencies, bespoke designers, etc. There is also a full commercial kitchen installed, a walk in fridge, reception area, and neat guest toilets.The 1st floor is shared between a high end hair salon and Beauty spa with a great track record and set clientele. This floor offers a light and bright space with an exclusive open balcony which is a massive value add. Overall this charming property offers an investment opportunity for any investor looking to get into this precinct or alternatively any owner occupier looking to house their own business in the attractive and central node. This sale is also inclusive of VAT and does not attract transfer duty. Contact me to arrange a viewing or to find out more about rentals, rates, floor plans, etc.


Property Details

Purchase Price R 13 225 000

Building Size510 m2

Price Per SQMR 25931 m2

Type of PropertyRetail

ZoningCommercial

Land Size311 m2

Last Updated30 Apr 2024

Property Location

Similar Property in nearby suburbs

Agent

Kurt Dreyer

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