R 8 950 000
292 m² Commercial space in De Waterkant
7 hill house, 39 somerset road
Team Sierra are proud to present this property and space.
An excellent opportunity exists for someone for an appetite and experience with commercial to residential conversions.
Currently being used as a commercial space, however has the floor span, and parking space to allow for complete conversion to residential investor style units.
Other details include:
Excellent views
Building is secure and well located
Short term rentals are permitted
Ample balcony space
Top floor position
Onsite security
No Loadshedding
Total of 8 undercover parkings, 4 single bays & two tandem bays
If Vat registered, purchase will attract Vat, No transfer duties
Your other alternative, is to buy and hold, convert to a large penthouse style apartment thats lock up and go.
Lets talk.
Property details
- Listing number T4267189
- Property type Commercial
- Floor size 292 m²
- Rates and taxes R 5 654
- Levies R 13 979
Property features
- Open Parkings 8