This is a perfect redevelopment opportunity on a prominent site measuring 5 849m² with circa 41 000m² of bulk available to develop at least 7 stories of offices/residential/student accommodation/hospitality, with convenience retail on the ground floor.
Proposal would allow for 2 basement parking levels. Big box retailers have already expressed strong interest to take up space in the centre.
The property is conveniently situated on the fringe of the Cape Town CBD in close proximity to the City Centre and V&A Waterfront. Proximity to the N1 and N2 Freeways in and out of the City are easily accessible. It is located on Sir Lowry Road, which connects the CBD to the Southern Suburbs. It is on the MyCiti/Golden Arrow bus and Jamie Shuttle bus route for students needing access to UCT, and
it is also close to CPUT campuses.
The site is opposite The District, which is a modern, A-grade office building with retail on the ground floor comprising a restaurant, deli/coffee shop and more. It is also next to the popular Buchanan Square/Hills Building. Clicks Head Office and The Boulevard Office Park are also in close proximity.
The property also has great views from this position.
For more information, please contact Andre Theron.
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