Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Western Cape > Cape Town > Commercial & Residential Property for Sale & Rent > Commercial, Business & Industrial Property for Sale > Office Space for Sale> ad 1229330925)
Unique Opportunity: Prime Redevelopment for Investors with Additional Development potential
R 27,000,000
Can I afford this?12 Photo(s)
9 months ago133 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
Description
Discover an exceptional opportunity for conversion in the thriving Salt River mixed-use hub. This strategically located property is situated in close proximity to the Salt River Circle, which bordered by Friend Street, Factory Road, and Brickfield, Enjoy convenient connectivity to major arterial roads such as the N1, N2, M3, and M5. Seamlessly access public transport options including the Salt River Train Station and MyCiti Bus Routes.
Spanning across an expansive erf size of 1933sqm, this building comprises a 600sqm basement (dedicated to parking), 1600sqm on the ground floor, and 1250sqm on the first floor – all conveniently accessible through roller-shutter entrances.
Currently tenanted with 2 year leases in place, generating R200 000 per month on rentals.
Benefiting from a mixed-use 2 zoning, this property boasts a generous floor factor of 4. Unlock the potential for further development with a total bulk of 7732sqm, making this a truly remarkable investment opportunity.
Property Reference #: DPC222
Agent Details:
Andre Swanepoel
Dormehl Phalane Property Group
12 C Marine Circle
Bloubergrandt
7441
Spanning across an expansive erf size of 1933sqm, this building comprises a 600sqm basement (dedicated to parking), 1600sqm on the ground floor, and 1250sqm on the first floor – all conveniently accessible through roller-shutter entrances.
Currently tenanted with 2 year leases in place, generating R200 000 per month on rentals.
Benefiting from a mixed-use 2 zoning, this property boasts a generous floor factor of 4. Unlock the potential for further development with a total bulk of 7732sqm, making this a truly remarkable investment opportunity.
Property Reference #: DPC222
Agent Details:
Andre Swanepoel
Dormehl Phalane Property Group
12 C Marine Circle
Bloubergrandt
7441
Id Subtitle 1229330925
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 292,601
Total property loan amountR 27,000,000
Total interestR 43,224,218
Total repaymentR 70,224,218
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Dormehl Phalane Property Group
Selling for 3+ years
Total Ads43
Active Ads43
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
43Total Ads
132.18KTotal Views
Contact Dormehl Phalane Property Group
082*******Show Number
Message
(3955)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 8,000,000
SavedSave
Prime Development Opportunity in Salt River.This property, situated on busy Queens Park Avenue in the industrial node of Salt River presents a perfect development opportunity with its versatile MU2 zoning. Currently comprised of two erven, one building of 350m2 under roof and a vacant erf of 568m2, the properties have a combined bulk factor of around 4,600m2.Situated close to both the N1 and N2 highways, and newly completed upmarket retail and commercial developments in the adjacent area, this is one of the fastest growing investment corridors in the areaProperty Reference #: CL2119Agent Details:Daniel BernbergPort Commercial Properties Pty LtdSuite G01 Radar Dad Building17 Queens Park AvenueSalt River7925Cape Town
Invalid date
1
R 27,000,000
SavedSave
This exciting conversion opportunity is ideally located in the heart of the mixed-use hub Salt River. The property is boarded by Friend Street, Factory Road and Brickfield and is positioned close to the Salt River Circle, allowing easy access the major arterial roads such as the N1, N2, M3 and M5. There is also excellent access to nearby public transport including Salt River Train Station and MyCiti Bus Routes. This building, which sits on an erf size of 1933sqm, consists of a 600sqm basement(parking) 1600sqm ground-floor and 1250sqm first-floor - all with roller-shutter access. There are various tenants in the building and all have redevelopment clauses in their leases, allowing any buyer to generate income of roughly R160,000 per month (excl VAT) while planning a development, and being able to give all tenants notice when they are ready to developThe property is zoned mixed-use 2 which allows for a floor factor of 4 and there is a total bulk of 7732sqm available. For more information on this property or others like it please contact the area specialist Daniel BothaProperty Reference #: CL13362Agent Details:Daniel BothaAnnenberg Property GroupOffice 2DMatrix8 BridgewayCentury City 7441BridgewayCentury City7441
Invalid date
1
R 5,280,000
SavedSave
Touchstone House is an AAA Grade Commercial Building conveniently positioned in the financial hub of the Foreshore area. This building does not experience any loadshedding as it forms part of the banking grid of the City. Surrounded by eateries, hotels, banks retailers and close to public parking. This building offers 24hr Security on site with ample secure parking in the building for tenants.This space measures 176m2.Price includes 5 basement parking bays and excludes VAT.Contact Sharon Marais, our Commercial Property Broker, for more information, viewing arrangements and professional assistance with placing your business in the perfect space.Property Reference #: CL4495Agent Details:Sharon MaraisVermaak PropertiesUnit 92, Block B, Millennium business park, 19 Edison way, Century City, 7441
Invalid date
1
R 13,000,000
SavedSave
Stunning Investment Opportunity - Prime Street Frontage on Voortrekker Road We are delighted to present a remarkable investment opportunity on Voortrekker Road, offering prime street frontage and spanning an impressive 1473 square meters. This well-located site holds immense potential for a lucrative mixed-use commercial or residential development, making it an enticing prospect for astute investors. Zoned as MU2, this property provides an ideal canvas for creating a highly desirable development. The zoning allows for a maximum height of 25 meters, a generous floor factor of 4.0, and a coverage of 100%. These advantageous specifications offer tremendous flexibility in designing a project that can maximize its potential. The location of this property is truly exceptional. Situated on the bus, train, and taxi routes, it boasts excellent connectivity to various modes of transportation, ensuring convenience for residents and commuters alike. Furthermore, its proximity to Cape Town, merely a five-minute drive away, enhances its appeal and accessibility. Considering its location and zoning, this property presents a golden opportunity for developing student accommodation or residential units targeting young working adults. The demand for such housing options is consistently high, providing a reliable and potentially profitable market segment. Seize this opportunity swiftly to capitalize on the immense potential this property holds. We encourage interested parties to arrange a private viewing at the earliest convenience. Dont miss out on this chance to shape a highly sought-after development in this prime location. To learn more and schedule a private viewing, please call now. Act decisively to secure your stake in this exceptional investment opportunity. Property Reference #: 112313503Agent Details:Michelle TayloreXp Realty - Steven Johnstone Group1 Apple StreetKenilworthCape Town7708
Invalid date
1
R 4,970,000
SavedSave
Located in Hopefield a bustling town known for its charm and potential, this one-of-a-kind property offers three units, each with unique features and facilities and a fantastic investment due to its location. The property is situated at the town entrance which offers immense opportunities for businesses looking to establish themselves in a thriving community. The property has three title deeds and must be sold as one.Unit 1 is zoned residential and consists of the following:- Size: 705m2- Three bedrooms- Two bathrooms- Large living room- Open plan kitchen and dining roomThis unit has a beautiful garden surrounding the house where you can sit, relax, and enjoy the natural surroundings. The kitchen also boasts a separate washroom which leads into the backyard.Unit 2 is zoned commercial and consists of the following:- Size: 616m2- Two large workshops- One office- Three garagesAll facilities of this unit can be rented out for extra income or used to expand and grow your business.Unit 3 is also zoned commercial and consists of the following:- Size: 1342m2- One flatlet- Two garages- Three storerooms- Large backyardThis unit has a spacious backyard and three storerooms. There are two garages with ample space and a three-bedroom flatlet with under-roof parking that can be rented out for extra income.One of the standout features of this commercial property is its street front location, ensuring maximum visibility and exposure to passing traffic, essential for businesses aiming to attract a steady flow of customers. With its convenient access and prominent position, this property presents an excellent investment opportunity for entrepreneurs and businesses looking to expand or relocate to the vibrant town of Hopefield.Dont miss the chance to secure this remarkable commercial property that combines functionality, versatility, and a prime location. Contact us today to arrange a viewing and explore the endless possibilities it holds for your business.Property Reference #: CL582Agent Details:Johan DuvenageAgrisell PTY Ltd9A Kerk StreetPiketberg7320
Invalid date
1
R 6,212,000
SavedSave
This premium office is well located in central Salt River and falls part of the Fairland House development. The office unit is located on the 4th floor with lift access and full security with CCTV. The unit is a corner space and thus boasts a stunning 90 degree wrap around balcony with stunning views of Table Mountain. This is the ultimate office to entertain your clients or simply make it special for your staff. The unit has an industrial chic look and benefits from the ample natural lighting that enters the space. The layout is mostly open plan with glass dividers for offices thus keeping the light flowing. The central office is open plan with high ceilings along a large private kitchen and private toilets. The ground floor space measure +- 261 with a mezzanine area of +-98 sqm and the balcony area measuring +-129 sqm. The balcony is show stopper with ample space to entertain or even put up your feet and relax. There are 8 parking bays available for this unit at extra cost. Contact me to discuss this great space of to view.Property Reference #: 6257985Agent Details:Kurt DreyerQuay1 International Realty153 Kloof StreetGardensCape Town
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.