Commercial property for sale in Foreshore

Description

For Sale: Rare investment property in one of Cape Town’s most prestigious addresses — 10 Christiaan Barnard Street, right in the heart of the vibrant Foreshore district. This modern six-level, 4,800m2 GLA building offers an outstanding blend of immediate income and exceptional redevelopment potential. Located at the dynamic nexus of the N1 and N2 highways, the property enjoys prime visibility and effortless access while being moments away from the V&A Waterfront, iconic Foreshore attractions, and a thriving ecosystem of blue-chip businesses. Key Highlights: • Existing Revenue Stream: Modern ground-floor retail 840m2 retail unit currently tenanted at R400/m2 to end 2027, with option to renew. • Versatile Upper Levels: Levels 3–6 offer approximately 4,446m2 of space (Levels 4–6 white-boxed and ready for immediate fit-out). Suitable for Offices or Residential... For Sale: Rare investment property in one of Cape Town’s most prestigious addresses — 10 Christiaan Barnard Street, right in the heart of the vibrant Foreshore district. This modern six-level, 4,800m2 GLA building offers an outstanding blend of immediate income and exceptional redevelopment potential. Located at the dynamic nexus of the N1 and N2 highways, the property enjoys prime visibility and effortless access while being moments away from the V&A Waterfront, iconic Foreshore attractions, and a thriving ecosystem of blue-chip businesses. Key Highlights: • Existing Revenue Stream: Modern ground-floor retail 840m2 retail unit currently tenanted at R400/m2 to end 2027, with option to renew. • Versatile Upper Levels: Levels 3–6 offer approximately 4,446m2 of space (Levels 4–6 white-boxed and ready for immediate fit-out). Suitable for Offices or Residential re-development • Parking: 34 dedicated bays plus additional bays across the street • Premium Features: Striking glass fac¸ade, atrium, dual generators (no loadshedding), fibre internet, CCTV, and recently upgraded bathrooms and kitchens. • Spectacular Mountain Views Significant Redevelopment Upside With MU3 zoning and a generous FAR of 6, this property presents a unique and rare opportunity to add 2–3 additional floors. Investors and developers can unlock the building’s full potential by transforming it into premium mixed-use accommodation — ideally suited for exclusive residential apartments targeting business professionals, international tourists, and foreign residents seeking to immerse themselves in Cape Town’s vibrant culture and lifestyle. Surrounded by landmark developments such as The Rockefeller and The Halyard, this address offers unmatched convenience, superior transport links (MyCiTi, Cape Town Station, Uber, etc.), and an enviable lifestyle location between the city centre and the V&A Waterfront. This is a high-visibility, future-proof asset with strong existing cash flow and substantial capital appreciation potential in one of Cape Town’s most sought-after precincts. Ideal for: Astute investors and developers looking to create a landmark mixed-use property in the Mother City’s prime commercial and lifestyle hub. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1789914432","type":"c"}));

What we know about this property

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Portal facts

Parking

35

Erf Size

1 150 m²

Floor Size

4800 m²

Listing Date

24 May 2026

Listing Number

117248650

Rates and Taxes

R 67 231

Type of Property

Commercial Property