Property Type: Commercial Building Location: Omnipark, Kuilsriver
Description:
This well-positioned commercial property presents an excellent investment opportunity in a prime location. The double-story building is versatile and has significant income potential, making it an attractive proposition for investors. If sold as a rental enterprise, the transaction may be zero rated.
Key features:
1. Building: The property consists of a double story building that offers a range of possibilities for investors.
2. Ground Floor Tenants: The ground floor is fully tenanted, providing immediate rental income. Current tenants ensure a steady revenue stream.
3. First Floor Conversion: The first floor is adaptable and can be converted into apartments or rented as office space, allowing for
diversified income streams.
4. Ample Parking: The property boasts ample parking space located behind the building, ensuring convenience for both tenants and visitors.
5. Advertising Exposure: The side of the building offers prime advertising exposure, creating an opportunity for additional income through advertising partnerships.
Zoning Details:
• Zoned: GB5
• Permitted Zoning: Businesses, Licensed Hotels, Apartments (1st floor), Places of Assembly.
Location Highlights:
• Strategic Location: Situated near the N1 and N2 highways, providing excellent accessibility for businesses and tenants.
• Airport Proximity: Conveniently located near Cape Town International Airport, making it an ideal choice for businesses with travel requirements.
Additional Information:
For more detailed information, financials, and property specifications, we kindly request interested parties to sign a Non-Disclosure Agreement (NDA). This step will provide access to confidential details about the property.
To arrange a viewing or request further information, please contact: Bibi Best
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