R6,900,000

R6,900,000

540m² Building For Sale in Maitland
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Mixed Use Building for Sale in Maitland

Web Ref. SC1623
Floor size 540.00 m²
Monthly Bond Repayment
R61,830.98
Suits Redevelopment into Residential / Commercial Use or Purchase and Let to School / Place of Worship

In recent times there have been numerous redevelopment / repurposing projects in the area and this is primed for that.
GR4 zoning allows for 4-5 floors, 24m building height.
There is significant upside to this property as it currently stands, with around 540/m of top-structure to the total erven of 1784/m.

There is the remainder of a 1-year lease on the premises so the possibility exists of it being sold as a going-concern.

Notable in its current format ;
Large Hall
2 sizeable 'classrooms'
Foyer
Change-rooms
Kitchen

Close to M5/N2/N1 and arterials as well as local amenities and public transport.

Please get in touch to arrange a viewing !

Features

Zoning
Mixed Use
Interior
1 Kitchen
3 Bathrooms
Sizes
Floor Size 540 m²
Additional Amenities
24 Hour Access
24 Hour Response
Listing Info
Date Listed 18-02-25

Maitland, Cape Town

Google map for 540m² Building For Sale in Maitland

Disclaimer

While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty Commercial & Industrial Services website is accurate and up to date, Lew Geffen Sotheby's International Realty Commercial & Industrial Services makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.