[SOLE MANDATE] Double storey entertainment venue for sale.
The property includes a double storey Victorian and a single storey events space with triple volume ceilings and a large outdoor area.
The space is highly flexible with opportunity to unlock future residential income as a Mixed Use 2 property.
Some more highlights:
- Views of Cape Town from the top floor
- Retail units have a kitchenette and toilets
- Event space has a large industrial kitchen
- The property is delivering a 9%+ yield from long-term tenants
- Walking distance from the new Amazon offices/Riverlands precinct
And a few points of note:
- The buildings are in fair to good condition
- Property can be zero rated (SARS-dependent)
- Well suited for an investor who wants to unlock future residential
potential
For everything else you want to know about this property, email or whatsapp me.
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