Discover an exceptional investment opportunity with this commercial-retail property, newly listed on the market in the vibrant suburb of Muizenberg, Western Cape, South Africa. Perfectly positioned on a corner lot at 14 Church Street, the central node of the charming Palmer Street commercial village, this brick-built establishment dates back to 1920's and offers a generous 104 square meters of space, boasting a vast height clearance within the Heritage Overlay. Currently occupied as a restaurant, the site is ripe for potential redevelopment into a range of future uses including flats, business premises, dwelling house/s, and more.
The property benefits from unparalleled accessibility and is situated near key conveniences such as the beach, a bus stop, golf course, hospital, park, public transportation, railway station, schools, shops, subway, medical center, shopping mall, and a university campus. Its prime location provides easy access to urban amenities while delivering future scenic views of the sea and mountains. This sunny and cheerful north, northwest facing property is fully equipped with modern essentials like fiber internet, wheelchair accessibility, and a comprehensive security alarm system, making it not only a strategic investment but also a secure one.
Zoned B3, the building frontage stretches across 104 square meters and is primed for businesses looking to leverage its promising location. This well priced property represents a versatile addition to any portfolio, providing ample usable space for a variety of commercial or residential applications. Don’t miss the opportunity to own a piece of Muizenberg’s dynamic commercial scene. Read more...