MAGNIFICIENT COMMERCIAL/RESIDENTIAL BUILDING FOR SALE IN HIGH CAPE – VREDEHOEK.

This secure double-storey building which boasts fabulous views of Cape Town is on the market for sale.
Building is zoned as GB1 – It is now used for commercial use/offices – building can be converted into residential
apartments.
In a secure and quiet area in High Cape in Vredehoek the building is rented out to various offices.
Street parking area in front of the building is a plus for commercial tenants.
500sqm of office space covers the double-story building – plus a beautiful private patio area and a large balcony
with great views over the city, mountains and Cape Town Port.

Rental income per year amounts to R864 000.00 plus VAT. ( R72 000.00 per month plus VAT)

GROUND FLOOR COMPRISES:
250sqm.
Entrance.
Reception area.
Boardroom plus 5 offices and 2 storerooms.
Ground floor is fully rented out with 4 leases in place.
2 Restrooms.
1 Shower bathroom.
1 Kitchen.
Access to lovely private patio area.

FIRST FLOOR COMPRISES:
250sqm
Up the flight of stairs – no lift in the building.
Reception area.
Various offices and storerooms with 2 leases in place.
46sqm available rental space on this floor.
2 Restrooms.
1 Kitchen.
Access to the large balcony with views.

This is once in a lift time opportunity to own a building of such a caliber in High Cape.
As this is the only commercial building/convertible to residential units in this lovely and sort after area.

Rates And Taxes: 17879
Property Reference #: 2479

Agent Details:
Nike Shulman
Sandak-Lewin Trust
SL House, 37 Riebeek Street, Cape Town
Cape Town