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R3,500,000 | 207m² Building For Sale in Observatory

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R3,500,000

211 Lower Main road

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R425
Monthly Rates
R2,070

Investment Opportunity in Observatory

Discover Exceptional Potential in a Prime Location
Welcome to a truly unique investment opportunity in the heart of Observatory. This double-volume corner property, now available for sale, offers a perfect blend of versatility and profitability for the discerning investor. Located in the vibrant and trendy Observatory area, this property benefits from excellent urban connectivity and proximity to renowned establishments.

Property Highlights:
Double-Volume Corner Property nestled in a bustling urban area on Lower Main Road, surrounded by vibrant life and key establishments ensuring high foot traffic.
Commercial & Residential Blend: Ideal for a variety of investment strategies, catering to both commercial and residential needs.

Ground Floor: Restaurant or retail Space

Features:
Off street parking for 2 cars
Bathroom facilities.
Kitchen area with ample storage.

First Floor: A contemporary 2-bedroom apartment designed for modern living.
Features:
1 bathroom.
Office area.
Open-plan kitchen and lounge.
Balcony with panoramic views.

Business Opportunities: Ideal for a thriving restaurant, trendy office space, or a unique live-work concept.
Vibrant Community: Become a part of Observatory's dynamic and energetic landscape.
R3 500 000 ex vat

Features

2
0
Zoning
Retail
Exterior
Security
No
Parking Bays
Covered Parkings
2
Sizes
Floor Size
207m²
Land Size
136m²
Extras Double Parking; Retail
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-33.93584, 18.46772

Observatory in the news

Cape Town's commercial property sector booms as market bullish

Despite numerous challenges and disruptions, Cape Town's commercial real estate market has burgeoned during the past 18 months
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