1965 m² Commercial space in Avondale

R 16 500 000

Robyn Muller

Harcourts-Sterling

1965 m² Commercial space in Avondale

R 16 500 000

114 wynne street
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Floor Area 1965 m²

Located in Voortrekker Road, Parow East, Cape Town, Western Cape, this rather unique multi-tenancy commercial investment property offers mixed use retail/commercial and residential. Residential component comprises of 26 apartments, with potential for further development.There are 3 separate shops facing voortrekker road with high foot traffic.

Property Details:

-Building area - Over 1755m2 constructed over 3 levels

-1 Studio Apartment

-14 One bedroom apartments

-11 Two bedroom apartments

-11 Garages

-3 Retail Stores

There are one years lease in place with an option for renewal. All apartments/retail property have pre-paid electricity and water sub-meters. The business is sold as a going concern.

This investment property offers excellent rental returns.

Please contact us for more information.

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Key Property Features

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Open Parkings

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1965 m² Commercial space in Avondale

R 16 500 000

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