Web Ref CL9254
R16,500,000
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Monthly Rates
R4,015
R4,015
800m² Warehouse For Sale in Observatory
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
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
Features
Zoning
Industrial
Title
Freehold
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Sizes
Floor Size
800m²
Land Size
455m²
