Commercial property for sale in Salt River

Description

Accepting Offers. DESCRIPTION: Calling Investors Or Developers - Renovators Dream Project. GB 5 Zoning – Offers fantastic opportunity with 2 adjacent blocks with massive bulk available. ALBERT ROAD BLOCK: • 9 Bedrooms • 6 Bathrooms • 4 Shops- Dry-walled and can be made into 1 • Shops for fruit/veg / fish, miscellaneous • Rental income for Albert Road Block - ±R40,400 pm or ±R484,800 per annum LONDON ROAD BLOCK: • 8 Single bedrooms • 4 Bathrooms • Shop • Nail/ hair salon • Upholstery shop • 2 x Bathrooms downstairs for the shops • Rental income for London Road Block - ±R54,400 pm or ±R648,800 per annum • Combined income ±R94,800 pm or ±R1,137,000 p/annum • Possible student accommodation conversion to maximize income. Make an offer today. DETAILS: • Erf no (Extent): 15436, Cape Town (221m²) • Erf no (Extent): 15437, Cape Town (221m²) • ... Accepting Offers. DESCRIPTION: Calling Investors Or Developers - Renovators Dream Project. GB 5 Zoning – Offers fantastic opportunity with 2 adjacent blocks with massive bulk available. ALBERT ROAD BLOCK: • 9 Bedrooms • 6 Bathrooms • 4 Shops- Dry-walled and can be made into 1 • Shops for fruit/veg / fish, miscellaneous • Rental income for Albert Road Block - ±R40,400 pm or ±R484,800 per annum LONDON ROAD BLOCK: • 8 Single bedrooms • 4 Bathrooms • Shop • Nail/ hair salon • Upholstery shop • 2 x Bathrooms downstairs for the shops • Rental income for London Road Block - ±R54,400 pm or ±R648,800 per annum • Combined income ±R94,800 pm or ±R1,137,000 p/annum • Possible student accommodation conversion to maximize income. Make an offer today. DETAILS: • Erf no (Extent): 15436, Cape Town (221m²) • Erf no (Extent): 15437, Cape Town (221m²) • Zoning: General Business 5 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1154955020","type":"c"}));

What we know about this property

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Portal facts

Price

POA

Erf Size

442 m²

Listing Date

08 April 2026

Listing Number

117099284

Street Address

523 & 45 Albert Road & London Road, Salt River

Type of Property

Commercial Property