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R 18 850 000

Commercial Property for Sale in Observatory

25 Kotzee Rd, Observatory, Cape Town

Floor Size 1293 m² Erf Size 27 188 m²
12% Yield Sole Mandate 1293m2 Investment Units at Waverley Business Park Observatory
Introducing an exclusive opportunity at Waverley Business Park on the border of Mowbray and Observatory, these investment units are available for sale under a sole mandate. Consisting of three units, each with synchronized leases secured until March 2026, the tenants are national brands with the option to renew their agreements. The yield is above 12% at asking price and this will be a Zero-rated transaction for VAT.

Located on the top floor, these units boast high ceilings and offer the unique potential to be combined to accommodate future tenants. Enjoy panoramic views of the mountains and city from every angle.

Conveniently positioned for easy access to major freeways including the N2, N1, M3, and M5, this property is ideal for businesses seeking a strategic location. The offering Read more...
Listing Number
114470049
Type of Property
Commercial Property
Street Address
25 Kotzee Rd, Observatory
Description
Office
List Date
30 May 2024
Erf Size
27 188 m²
Floor Area
1 293 m²
Levies
R 36 405
Rates and Taxes
R 1 200
Zoning
Mixed Use
Garage
Parking
6
Building Grading
A Grade
Power Availability
Single Phase
Internet Access
Fibre

Education

Observatory Junior
0.27km
Thandokhulu Sec
0.28km
Cape Peninsula University Of Technology Mo…
0.32km
St. George'S Grammar School.
0.71km
Rhodes High School
0.75km
Hillcrest School.
0.83km

Food and Entertainment

Mimi's
0.60km
Touch of Madness
0.62km
Diva
0.63km
Scrumpy Jack
0.64km
Pancho's
0.65km
The Wild Fig
0.67km
Mojo
0.72km
Fat Cactus
0.78km
Greek
0.79km
Crush
0.86km
Fraiche Ayres Restaurant & Cafe
0.89km
Vida e Cafe
0.91km
Chai-Yo
0.92km

Health

Webb & Savoy
0.70km
UCT Private Academic Hospital
0.89km

Transport and Public Services

Mowbray
0.34km
Settlers Way
0.35km
Mowbray Bus Station
0.58km
Observatory
0.63km
St. Peter's
0.64km
Mowbray SAPS
0.74km
Village Green Parking
0.78km
Engen
0.83km
Caltex
0.83km
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Anthony Aldum

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Swindon Property Services

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Anthony Aldum

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