R19,000,000

R19,000,000

522m² Retail For Sale in Cape Town City Centre
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Long Street retail | Tenanted investment | Good yield

Web Ref. CL3088
Land size 1231.00 m²
Floor size 522.00 m²
Monthly Bond Repayment
R173,800.46
This retail space sits prominently on Long Street in Cape Town City Centre. Long Street traditionally receives high passing foot traffic. This shop has long shop frontage on Long Street , and is situated in the Decks, a mixed use building. The Decks includes offices, retail, serviced apartments, and a multilevel parkade to rent additional bays potentially if needed.

The property is currently fitted out for a blue chip lighting company with a large retail footprint on ground floor level (522m2), and two levels of basement storage (661m2) with roller shutter access on Long Street. The unit is currently let to Eagle Lighting (A Bidvest Group Company) until 2026. The sale includes two tandem parking bays. This investment currently has a net yield of 9.66%.

Features

Zoning
Retail
Interior
Airconditioning
Exterior
Security
Sizes
Land Size 1,231 m²
Floor Size 522 m²
Listing Info
Date Listed 26-05-23
Time Listed 12:16

Cape Town City Centre, Cape Town

Google map for 522m² Retail For Sale in Cape Town City Centre

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