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FOR SALE: Highly sought-after property in the heart of Cape Town CBD

Category Property deals

Scott Dixie from Swindon Property has a sole mandate on a rare opportunity for a 690m2 GLA free-standing building in the CBD. The 3-story building is fully renovated and is ideally located with the best possible zoning available (General Business 7), allowing for extensive future redevelopment and expansion.

‘Forty8 Backpackers’ is currently operating as a fully licensed upmarket backpackers' lodge with private rooms and a loft. The building can easily be used for various other purposes including office space, restaurants or a bar offering.

All licenses pertaining to the running of the current backpackers' business will be included in the transfer of the property. The asking price is R13,995,000. The building is centrally located and is in excellent condition thoughout.

Please contact Scott for more info: 082 566 1006

Author: Justine Lombard

Submitted 30 Jan 18 / Views 353