Commercial property for sale in Observatory

96 Station Road, Observatory, Cape Town

10 bath · 1341 m² floor · 1341 m² erf

Description

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. 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.

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Nonefrom the listing text
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 97%
Generator
Nofrom the listing text · 97%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 98%
Armed Response
Nofrom the listing text · 98%
Boomed Area
Nofrom the listing text · 98%
Burglar Bars
Nofrom the listing text · 98%
CCTV
Nofrom the listing text · 98%
Electric Fence
Nofrom the listing text · 98%
Guard 24h
Nofrom the listing text · 98%
Security Estate
Nofrom the listing text · 98%

Location

Shops and cafés within 500 m
34from open data
Exposed to coastal wind
Nofrom open data
Estimated commute to CBD
10 minfrom open data
Crime trend
Stablefrom open data
Distance to the sea
2.7 kmfrom open data
Nearest highway
665 mfrom open data
Nearest hospital or clinic
598 mfrom open data
Nearest primary school
463 mfrom open data
Nearest school
463 mfrom open data
Nearest high school
592 mfrom open data
Nearest station or stop
287 mfrom open data
Independent schools within 5 km
32from open data
Load-shedding block
15from open data
SAPS precinct risk
Highfrom open data
Schools within 3 km
36from open data
Under the flight path
Nofrom open data
Walkability
Very Walkablefrom open data

Market

Days on market
395 daysfrom our price history
Price change since listed
0.0%from our price history
Price per m²
R 10 067from our price history
Times relisted
0from our price history
Vs suburb median
1.80×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 97%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Yesfrom the listing text · 96%
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Cityfrom the listing text
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 89%
Furnished
Nofrom the listing text · 96%
Home Office
Nofrom the listing text · 98%
Lift Access
Nofrom the listing text · 96%
Open Plan
Nofrom the listing text · 97%
Penthouse
Nofrom the listing text · 75%
Scullery
Nofrom the listing text · 96%
Single Level
Nofrom the listing text · 98%
Staff Accommodation
Nofrom the listing text · 96%
Walk In Closet
Nofrom the listing text · 98%
Wheelchair Access
Nofrom the listing text · 98%

Outdoor

Balcony
Nofrom the listing text · 76%
Boat Caravan Parking
Nofrom the listing text · 97%
Borehole Irrigation
Nofrom the listing text · 98%
Covered Patio
Nofrom the listing text · 95%
Established Trees
Nofrom the listing text · 97%
Garage Type
Nonefrom the listing text
Garden Size
Largefrom the listing text · 74%
Pet Friendly
Yesfrom the listing text · 96%
Pool Type
Nonefrom the listing text

Condition

Needs Tlc
Nofrom the listing text · 72%

Architecture

Architecture Style
Victorianfrom the listing text · 99%
Build Era
Pre 1920from the listing text · 90%
Double Storey
Yesfrom the listing text · 98%
Original Features
Nofrom the listing text · 92%
Thatched Roof
Nofrom the listing text · 98%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 92%
No transfer duty
Nofrom the listing text · 86%
Retirement Scheme
Nofrom the listing text · 99%
Short Let Allowed
Nofrom the listing text · 97%
Special Levy Mentioned
Yesfrom the listing text · 98%
Tenure
Sectional Titlefrom the listing text · 97%
Utilities Included
Nofrom the listing text · 97%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 98%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Levies
R 1
Erf Size
1 341 m²
Bathrooms
10
Floor Size
1341 m²
Listing Date
25 August 2025
Pets Allowed
Yes
Special Levy
R 1
Listing Number
116358573
Street Address
96 Station Road, Observatory
Rates and Taxes
R 1
Type of Property
Commercial Property