This exceptional property offers a Gross Annual Income of around R1,230,516 showcasing its strong financial performance and providing an attractive investment opportunity. With a solid rental income stream and the potential for significant rental growth, the property is situated in a high-demand area, ensuring sustained interest from tenants and future investors. The strategic location and robust tenancy profile further enhance its appeal, making it an ideal asset for those seeking long-term, stable returns in a growing market.

Adding even more value to this offering is the unutilized development bulk of 4776m², providing ample opportunity for future expansion or redevelopment. With Mixed Use 2 Zoning in place, the property presents versatile options for commercial, residential, or mixed-use development. Whether you're looking to expand existing rental offerings or explore new development avenues, this property’s potential for growth and its prime location make it a highly lucrative investment.

Township: Cape town
Erf Number: Erf 107942
Erf Size: 1,443m²
Total GLA: 913m²
VAT Registered: Yes

Municipal Information:
Municipality: City of Cape Town
Monthly Rates: ± R6,287

Title Deed Information:
Number: T46798/2009
Registration Date: 2009/09/17
Municipal Area: City of Cape Town Read more...