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627m² Investment For Sale in Observatory

R10,900,000

Web Ref No CL2933

12 APARTMENTS | OBSERVATORY | STUDENT ACCOMODATION

Ideally situated on Main Road, Observatory (corner of Polo Road)

This tenanted apartment block consisting of 12 apartments - sold as sectionalised units is perfect for student accommodation.

Observatory is a hub for students and young professionals given its close proximity to UCT, Woodstock, and a few minutes away from the City Bowl, and the Southern Suburbs. This property is centrally located with easy access onto all major highways, it is close to the Biscuit Mill, Groote Schuur Hospital, on the MyCity Bus route & close to the train station as well as Liesbeeck Parkway to the N2.

Features

Zoning Commercial
Monthly Rates R10,582.00pm Excl. VAT
Floor Size 627m²
Land Size 627m²
Security Yes

Broker Contact Details

Daniel Bernberg
Head Office

Cell 0827829840
Office (021) 204 7218
Natasha Klerck
Head Office

Cell 0824022134
Office (021) 204 7218

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