R 11 350 000

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500 m² Commercial space in Vredehoek

21 high cape house, 21 ben avenue

5 451 m² 500

MAGNIFICIENT COMMERCIAL/RESIDENTIAL BUILDING FOR SALE IN HIGH CAPE VREDEHOEK.

This secure double-storey building which boasts fabulous views of Cape Town is on the market for sale.

Building is zoned as GB1 It is now used for commercial use/offices building can be converted into residential

apartments.

In a secure and quiet area in High Cape in Vredehoek the building is rented out to various offices.

Street parking area in front of the building is a plus for commercial tenants.

500sqm of office space covers the double-story building plus a beautiful private patio area and a large balcony

with great views over the city, mountains and Cape Town Port.

Rental income per year amounts to R864 000.00 plus VAT. ( R72 000.00 per month plus VAT)

GROUND FLOOR COMPRISES:

250sqm.

Entrance.

Reception area.

Boardroom plus 5 offices and 2 storerooms.

Ground floor is fully rented out with 4 leases in place.

2 Restrooms.

1 Shower bathroom.

1 Kitchen.

Access to lovely private patio area.

FIRST FLOOR COMPRISES:

250sqm

Up the flight of stairs no lift in the building.

Reception area.

Various offices and storerooms with 2 leases in place.

46sqm available rental space on this floor.

2 Restrooms.

1 Kitchen.

Access to the large balcony with views.

This is once in a lift time opportunity to own a building of such a caliber in High Cape.

As this is the only commercial building/convertible to residential units in this lovely and sort after area.

Property details

  • Listing number T4485094
  • Property type Commercial
  • Erf size 451 m²
  • Floor size 500 m²
  • Rates and taxes R 17 879

Property features

  • Bathrooms 5

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