Investment/Development Opportunity For SALE - Observatory
This large retail building comprises of 10 Sectional Title business and residential premises. 87 - 150sqm totaling 20 upstairs rooms and 4 shops on street level.
All units will need major renovations however, the road and area are all prime for this type of redevelopment.
The property is 15 minutes from the CBD and is very close to UCT, Groote Schuur Hospital, easy access to arterial roads (N2 to Airport) and 2 blocks from Obs Station.
Contact me for more info, similar options in the area or an appointment to view.
-Site on Main Retail Observatory Road.
-Easy retail leasing.
-No restrictions on title deed (available on request)
-Property Falls in the UDZ. Therefore tax rebates appply
Observatory, Cbd Periphery
The Cape Town City Periphery lies on the outskirts of the CBD along Queen Victoria Road through to Woodstock, Salt River, Observatory, Paarden Eiland and Northgate.
Over the last few years the area has been revitalised and traditional industrial precincts of Woodstock and Salt River, has now gradually advanced to a more retail and office type area through a...
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