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Charming Heritage Commercial Property FOR SALE

Ref # 2259069
R5,500,000
Property Details
21 Loop Str
174m²
174m²

Nestled in the bustling heart of Cape Town, 21 Loop Street offers a unique opportunity to own a piece of the city's rich history. This small commercial heritage property combines classic architectural charm with the convenience of a central location, making it an ideal investment for discerning buyers with an appetite for a small refurb or a redevelopment.

Very well located right next to the recently completed R500million development, The Rubik luxury apartments and offices, 21 Loop street is within walking distance to main transport hubs, one street down from the trendy Bree street and surrounded by coffee shops, art galleries, hotels and bordering the Cape Town financial district, the Foreshore. The property has immediate access to Waterkant street/the fan walk, with walk ways through Greenpoint, to the Cape Town Stadium as well as the V&A Waterfront.

The property boasts historical significance with well-preserved architectural details that reflect Cape Town's rich cultural heritage. The two story building currently comprise of a vacant ground floor and is occupied by a circa 1980 dentistry on the top floor. The GLA is around 150m2 per floor (300m2 in total) with a courtyard at the back of the building.

- Erf size 174m2 (potential to add an additional erf of 209m2)

- Zoning - General Business 7

- Floor factor - 12

- 60m height restriction

- Rates - R5186.00 p/m

Swindon Property also has sole mandate on the building behind this property, 3 Sea Street (erf size 209m2), which unlocks great potential for these 2 erven to be combined and redeveloped.

Contact Chantal or Ivan to arrange a viewing.

Property Features
Property Type
Mixed Use
Floor Size
174m²
Land Size
174m²
Costs and Terms
Rates & Taxes
±R5,186.28
Available From
01 Aug 2024
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Cape Town City Centre, Cape Town view
About Cape Town City Centre
The Central Business District (CBD) of Cape Town includes the City Bowl, foreshore/harbour, the Company's Garden, East City as well as the commercial and retail nodes of De Waterkant and Gardens.
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