Prime Industrial Redevelopment/Owner Occupier Opportunity With Additional Bulk Available
Web Ref.
CL14263
Land size
1933.00 m²
Floor size
3450.00 m²
This exciting conversion opportunity is ideally located in the heart of the mixed-use hub Salt River. The property is boarded by Friend Street, Factory Road and Brickfield and is positioned close to the Salt River Circle, allowing easy access the major arterial roads such as the N1, N2, M3 and M5. There is also excellent access to nearby public transport including Salt River Train Station and MyCiti Bus Routes. This building, which sits on an erf size of 1933sqm, consists of a 600sqm basement(parking), 1600sqm ground-floor and 1250sqm first-floor - all with roller-shutter access. There are various tenants in the building and all have redevelopment clauses in their leases, allowing any buyer to generate income of roughly R170,000 per month (excl VAT) while planning a development, and being able to give all tenants notice when they are ready to develop
The property is zoned mixed-use 2, which allows for a floor factor of 4, and there is a total bulk of 7732 sqm available. For more information on this property or others like it please contact the area specialist Daniel Botha
The property is zoned mixed-use 2, which allows for a floor factor of 4, and there is a total bulk of 7732 sqm available. For more information on this property or others like it please contact the area specialist Daniel Botha
Monthly Rates
R20,050
Features
Zoning
Interior
Sizes
Parking Bays
Listing Info
Salt River, Cape Town
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Annenberg website is accurate and up to date, Annenberg makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
