2500 m² Commercial space in Wynberg

R 42 000 000

Stuart Paterson

Rawson Property Group-Green Point Commercial

2500 m² Commercial space in Wynberg

R 42 000 000

Can I afford this?
Floor Area 2500 m²
Land Area 7278 m²

Prime Main Road property begging to be developed in Wynberg. Potential is limitless with option for Residential and Commercial or both.

Total erf size: 7278m2

Zoning: Mixed use 2

Bulk Factor: 4

Bulk sqm available: TOTAL: 29112m2

Coverage: 100%

Price per m2: R5840

Price per bulk m2 : R1460

Price: 42 500 000 ex VAT

All Tenants have a 3 month Development clause in their Leases.

With the proposed My-Citi bus Route on the cards for Wynberg ,this will have a very positive affect on properties in Wynberg and cause a market resurgence in the area. The Wynberg MyCiti bus link will transport commuters from Khayelitsha to Wynberg along a 35km route. It forms part of Phase 2A of the MyCiTi development strategy, which is forecast to be operational by 2020. (Currently up for public participation.)

For speculators with deep pockets, snapping up a bargain now could be well worth your while property prices and rentals are likely to soar in Wynberg over the next decade.

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Stuart Paterson

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Experience Cape Town Southern Suburbs

The Southern Suburbs make up some of the most popular residential areas in Cape Town. With large plots of land and roomy homes, the area attracts a fairly affluent crowd. The suburbs in the area include Rondebosch, Claremont, Plumstead, Ottery, Wynberg, Newlands, Constantia and Bishopscourt, Pinelands, Observatory, Tokai, Bergvliet, Kenilworth and Steenberg. Peaceful, quiet and leafy, the Southern Suburbs are seen by many as the perfect place to bring up children.

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2500 m² Commercial space in Wynberg

R 42 000 000

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