266 m² Office Space in Observatory

R 3 399 000

Stephan Germanis

Evolution Properties

Matthew McWilliams

Evolution Properties

266 m² Office Space in Observatory

R 3 399 000

Can I afford this?
4 Baths
Floor Area 266 m²
Land Area 266 m²
Rates R 1943

Recent renovations have created a stunning property that is in brand new condition! All the additions have created a clean and easily maintainable work/living environment.

It is extremely rare to come across a property on Lower Main Road that has 4 parking bays.

If you are looking for multiple revenue streams, it is possible to tenant out the top and bottom levels separately as they both have their own entrances. The upstairs bathroom has hot water and its own open plan kitchen, therefore allowing the new owner to convert the top level into a 2 bedroom apartment.

Our rental team believes that the new owner could receive rentals between R35 000- R40 000 per month.

The downstairs has 4 offices with a large workshop as well as another storage unit that could be easily converted into more office space. The bottom level is large sitting at 266 square meters.

The property has GB1 Zoning allowing another level to be added if the new owner would like to build up. There are 3 Separate Entrances into the property allowing ease of access. There are also 4 common toilets strategically positioned around the property. The property is also very secure with CCTV cameras, a burglar alarm, security gates on all entrances and an electric roller door at the rear of the property.

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Key Property Features

4
Bathrooms

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Stephan Germanis

Matthew McWilliams

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Experience Cape Town City Bowl

Living in the CBD of Cape Town is unlike any other city centre. Table Mountain, Lions Head and Signal Hill cradle the City Centre, with mountain hikes and forests in easy access and it is within minutes’ drive to some of the world’s best beaches. Depending on which area in the city you live, the housing arrangements can vary from large leafy houses in Oranjezicht, to small studio apartments in the City Centre. Living in the CBD of Cape Town gives the best of both worlds as you're in close proximity to all amenities, as well as have nature on your doorstep.

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266 m² Office Space in Observatory

R 3 399 000

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