Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Western Cape > Southern Suburbs > Commercial & Residential Property for Sale & Rent > Commercial, Business & Industrial Property for Sale > Office Space for Sale> ad 1268430985)
Well located mixed use property for sale in thriving Observatory
R 1,650,000
Can I afford this?25 Photo(s)
2 months ago108 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.
General Details
Location:
Description
They say location is key...This property is ideally located along the hip and happening strip of Lower Main Road in Observatory. This particular section of Lower Main Road is located at the top which has seen a big upshift in activity with students and developers bringing the area to life. This property faces directly onto the Lower Main Road and is ideally zoned General Business which allows for an array of uses including business and residential.
This property offers a lovely front gardens space which adds to the great curb appeal. Upon entering there is a stunning walkway that winds through and opens up on to two spacious rooms. Walking further you will be led into a large kitchen area and then on to the toilet and shower. There is a cozy side garden that could be made into a very quaint chill area where a morning coffee could be enjoyed.
This property is so versatile that it could be used for a coffee shop, a unique retailer, a student residence, or simply a stunning town house for a fitting couple.
Contact me to discuss or view this great opportunity
Property Reference #: 6334294
Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
This property offers a lovely front gardens space which adds to the great curb appeal. Upon entering there is a stunning walkway that winds through and opens up on to two spacious rooms. Walking further you will be led into a large kitchen area and then on to the toilet and shower. There is a cozy side garden that could be made into a very quaint chill area where a morning coffee could be enjoyed.
This property is so versatile that it could be used for a coffee shop, a unique retailer, a student residence, or simply a stunning town house for a fitting couple.
Contact me to discuss or view this great opportunity
Property Reference #: 6334294
Agent Details:
Kurt Dreyer
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1268430985
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 17,882
Total property loan amountR 1,650,000
Total interestR 2,641,480
Total repaymentR 4,291,480
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
Quay1 International Realty
Selling for 2+ years
Total Ads789
Active Ads789
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
789Total Ads
932.15KTotal Views
Contact Quay1 International Realty
082*******Show Number
Message
(3982)
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 11,000,000
SavedSave
Sole Mandate - Brokers Welcome. This exceptional mixed-use property on Lower Main Road in Observatory presents a high yielding investment opportunity. The building is fully tenanted with long-standing occupants, the property features four retail units with glass frontage directly onto Lower Main Road, spanning approximately 30 meters. On the first floor, two spacious two-bedroom apartments and an office space offer versatile options for residential or commercial use. Additionally, the property includes four commercial spaces at the rear, accessible via a common passage from Lower Main Road. There is substantial potential to enhance foot traffic by curating a new tenant mix. Observatory is a vibrant, youthful suburb renowned for its student and young professional population, making it an ideal location for business and entertainment ventures. Its proximity to UCT and Groote Schuur Hospital solidifies its status as a prime destination for students and young professionals, ensuring sustained growth and demand within the area. VAT is applicable to the sale, with an opportunity for the client to zero-rate the transaction.The property offers nine parking bays at the rear, along with eight garages accessible via a remote control gate from a side road. Zoned as mixed-use 2, the property presents versatile opportunities for offices, shops, retail, apartments, and more. With approximately 3500 m2 of additional bulk available for potential development at the rear, the property holds significant expansion prospects. Approved plans for the development of two additional units, including a two-bedroom and a one-bedroom apartment, are in place, providing an additional 130 m2 of space. The rental roll and due diligence pack are available upon request.Property Reference #: CL3347Agent Details:Neil BernbergPort Commercial Properties Pty LtdSuite G01 Radar Dad Building17 Queens Park AvenueSalt River7925Cape Town
Invalid date
1
R 5,495,000
SavedSave
Sole mandate. Commercial property in Lower main road Observatory GB1. Great location for head office for a media company, retail environment or office space.The building is divided into 2 sections which are connected by a large open plan office. In section 1 we have 3 offices with a dining area, which opens onto the kitchen area next to the bathroom which has a shower. Section 2 comprises of an office with a kitchenette and bathroom, with large storage facility at the back of the building. which is accessible through the servitude which makes for easy loading of stock. Off street parking for 4 vehicles. E&EOProperty Reference #: CL2719393Agent Details:Andre SwanepoelDormehl Phalane Property Group12 C Marine CircleBloubergrandt7441
Invalid date
1
R 50,000,000
SavedSave
Observatory is a suburb in Cape Town that Mowbray borders to the South, and Salt River to the Northwest. It is the home of the South African Astronomical Observatory headquarters, Groote Schuur Hospital as well as new developments like the 2U Global Head Office, and My Domain Student Housing, to name a few. The Amazon Headquarters for Africa and Riverlands development is also being developed nearby. This 319 & 321 Main Road site is nestled in an area central to all of these new developments, and is a prime development opportunity, given the following:Erf Size: 2354sqmZoning: General Business 5Coverage Allowance: 100%Floor Factor Allowance: 4Height Restriction: 25 meters with current zoningPERMISSIBLE BULK: 9,416sqmThe subject property is located on a prominent and easily accessible corner of Main Road in Observatory. There is a high rate of passing trade along Main Road, being one of the primary arterials leading through Observatory, and connecting to the CBD, and surrounding areas such as Rondebosch and Claremont. The site is situated within close proximity to the Groote Schuur Hospital, along with its various UCT medical school faculty buildings. The suburb’s proximity to the University of Cape Town (UCT) and its Medical School, has always made it popular with students and lecturers. Observatory has long had a vibrant entertainment scene, with most restaurants and retail shops along Lower Main Road. There has also been a significant amount of upgrading and renovation of commercial buildings, and gentrification in the area over the last 5 years.Property Reference #: CL13389Agent Details:Daniel BothaAnnenberg Property GroupOffice 2DMatrix8 BridgewayCentury City 7441BridgewayCentury City7441
Invalid date
1
R 50,000,000
SavedSave
Property For Sale in ObservatoryZoning: General Business (GB5)Coverage: 100%Height: 25mFloor factor: 4 Maximum Permissible Bulk: 9 416m2Strategically positioned at the intersection of Main Road and Milton Road in Observatory, this retail space ensures optimal visibility and accessibility, with close proximity to the N2 highway. Attributed to its proximity to the University of Cape Town, the area has a large presence of students. Additionally, the propertys strategic location near Groote Schuur Hospital adds to its appeal, making this property an enticing investment opportunity for those seeking a well-connected retail space in a bustling neighborhood with a built-in audience of both students and healthcare professionals.Property Reference #: CL33Agent Details:Natalya MotaWonderland Properties147 North Reef RoadWonderland ParkBedfordviewJohannesburg0401
Invalid date
1
R 1,650,000
SavedSave
RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.Welcome to this unique property located on Lower Main Road, offering a versatile space perfect for a range of business opportunities. Accessible via a metal pedestrian-sized entrance gate, the property features a garden area of approximately 25sqm, providing a welcoming first impression. Upon entry, a concrete staircase leads to a small patio and the front door, opening into a solid wooden floor passage that runs throughout the property.With a 3 Phase electrical Pay as you go meter boasting an output capacity of approximately 35Amps, this property is well-equipped for various business needs. The layout includes a room suitable for an open plan reception area with an office, featuring large windows overlooking the patio and garden. A spacious bedroom with a fireplace and exposed brick wall adds character to the space, complemented by a long narrow courtyard accessible through double French type wooden doors.Ideal for professional services, the property offers potential for executive offices such as law, accounting, or architectural firms. The versatile layout could also be transformed into a day spa or physiotherapy/medical centre, catering to a range of business possibilities. Additional rooms, including a living room and kitchen with fitted cupboards and a plumbed sink, provide further flexibility for office suites or treatment rooms.Security features such as metal burglar bars on all windows and security gates ensure peace of mind. The property also includes a toilet area with a single toilet and shower, completing the functional layout.Dont miss this opportunity to make this adaptable space your own and bring your business vision to life in this prime location.Rates And Taxes: 880Property Reference #: 2246228Agent Details:Chivonne BiljonRE/MAX LIVINGHead Office:76-82 Kloof Street, Gardens, 8001 Sea Point7599RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Invalid date
1
R 11,220
SavedSave
102sq m offices in Observatory in a secure complexWell appointed ground floor officesReception and 3 offices with kitchenette and bathroom3 Air conditionersAlthough there are 2 demarcated parking bays, 3 cars can comfortably be parked in the baysOffice furniture available for sale R10 000.00 or negotiable for rentAvailable 1 November 2020 or earlier by arrangementAvailable From: 01/11/2020Property Reference #: CL3865Agent Details:Len PearsQuagga Property Brokers25 Glenugie AvenueTokai 7945
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.