R 3 500 000 | investment property for sale in observatory

Property Description

Discover the potential of this exceptional double-volume corner property, strategically located in the vibrant heart of Observatory. This commercial gem is now available for sale, presenting a unique blend of versatility and lucrative prospects for the savvy investor. Nestled in the trendy Observatory area, this property enjoys proximity to bustling urban life, renowned establishments, and excellent connectivity. Make a statement with this eye-catching double-volume corner property, ensuring maximum visibility and presence for your business. The property offers a unique blend of commercial and residential spaces, catering to a diverse range of investment strategies. Ground Floor Restaurant Space: The ground floor, currently a cafe, is primed for a new chapter in gastronomic excellence. Featuring a roller shutter door for easy access, a small yard space for quick access, bathroom facilities, and a kitchen area with ample storage, this area is ready for your entrepreneurial vision. First Floor Apartment: Ascend to the first floor, where a stylish 2-bedroom apartment awaits. Boasting 1 bathroom, an office area, and an open-plan kitchen and lounge, this living space is designed for contemporary comfort. Step outside onto the balcony to enjoy fresh air and panoramic views. Whether you envision a thriving restaurant, a trendy office space, or a unique live-work concept, this property is a canvas for your imagination. Don't miss out on this chance to own a piece of Observatory's vibrant landscape. This sale property is advertised excluding vat, to arrange a viewing or for enquiries please contact Tyrone


Property Details

Purchase Price R 3 500 000

Building Size207 m2

Price Per SQMR 16908 m2

Type of PropertyInvestment

ZoningCommercial

Last Updated23 Jan 2024

Property Location

Similar Property in nearby suburbs

Agent

Tyrone Engel

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