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R16,500,000

R16,500,000

800m² Warehouse For Sale in Observatory
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800m² Warehouse For Sale in Observatory

Web Ref. CL9254
Land size 455.00 m²
Floor size 800.00 m²
Monthly Bond Repayment
R154,024.42
This prime commercial property is located on the highly visible and bustling Observatory Main Road. Currently, the property is partially tenanted, featuring a fitment centre on the ground floor, with the 1st floor available for immediate occupancy. Zoned Mixed Use 2, the property offers a versatile range of uses including residential accommodation, offices, retail, and hotel, with the potential for conversion into a student residence.

Key Features:

Zoning: Mixed Use 2 (permits various uses including residential, offices, retail, hotel, and more)
Current Tenancy: Fitment centre on the ground floor; 1st floor vacant
Expansion Potential: Ability to add more floors and develop into student accommodation
Signage & Branding: High visibility with excellent signage opportunities on a busy main road
Power: Equipped with 3-phase power
Parking: 5 council parking bays directly in front of the unit
Monthly Rates R4,015

Features

Zoning
Industrial
Interior
2 Kitchens
3 Bathrooms
Sizes
Land Size 455 m²
Floor Size 800 m²
Listing Info
Date Listed 29-07-24
Time Listed 12:22

Disclaimer

While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property 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.