This secure double-storey building which boasts fabulous views of Cape Town is on the market for sale.
Building is zoned as GB1 – It is now used for commercial use/offices – building can be converted into residential
In a secure and quiet area in High Cape in Vredehoek the building is rented out to various offices.
Street parking area in front of the building is a plus for commercial tenants.
500sqm of office space covers the double-story building – plus a beautiful private patio area and a large balcony
with great views over the city, mountains and Cape Town Port.
Rental income per year amounts to R864 000.00 plus VAT. ( R72 000.00 per month plus VAT)
GROUND FLOOR COMPRISES:
Boardroom plus 5 offices and 2 storerooms.
Ground floor is fully rented out with 4 leases in place.
1 Shower bathroom.
Access to lovely private patio area.
FIRST FLOOR COMPRISES:
Up the flight of stairs – no lift in the building.
Various offices and storerooms with 2 leases in place.
46sqm available rental space on this floor.
Access to the large balcony with views.
This is once in a lift time opportunity to own a building of such a caliber in High Cape.
As this is the only commercial building/convertible to residential units in this lovely and sort after area.