720m² Building For Sale in Observatory

R15,750,000

Web Ref No CL3369

Mixed use property for sale | Main Road Observatory

Prime property situated on busy Observatory Main Road. This property is partially tenanted with a fitment centre on the ground and the 1st floor is vacant. The property is zoned mixed use 2 which allows for a variety of uses such as residential accommodation, offices , retail , hotel, and more. There is potential to add more floors to the building, and turn the building into student residence.

An owner would benefit from signage and branding opportunities on this busy main road. The building is equipped with 3 phase power, and has 5 council parking bays directly in front of the unit. This is a VAT applicable sale.