Industrial property for sale in Observatory

Description

This prime commercial property is located on the highly visible and bustling Observatory Main Road. Currently, the property is partially tenanted, featuring a fitment centre on the ground floor, with the 1st floor available for immediate occupancy. Zoned Mixed Use 2, the property offers a versatile range of uses including residential accommodation, offices, retail, and hotel, with the potential for conversion into a student residence. Key Features: Zoning: Mixed Use 2 (permits various uses including residential, offices, retail, hotel, and more) Current Tenancy: Fitment centre on the ground floor; 1st floor vacant Expansion Potential: Ability to add more floors and develop into student accommodation Signage & Branding: High visibility with excellent signage opportunities on a busy main road Power: Equipped with 3-phase power Parking: 5 council parking bays directly... This prime commercial property is located on the highly visible and bustling Observatory Main Road. Currently, the property is partially tenanted, featuring a fitment centre on the ground floor, with the 1st floor available for immediate occupancy. Zoned Mixed Use 2, the property offers a versatile range of uses including residential accommodation, offices, retail, and hotel, with the potential for conversion into a student residence. Key Features: Zoning: Mixed Use 2 (permits various uses including residential, offices, retail, hotel, and more) Current Tenancy: Fitment centre on the ground floor; 1st floor vacant Expansion Potential: Ability to add more floors and develop into student accommodation Signage & Branding: High visibility with excellent signage opportunities on a busy main road Power: Equipped with 3-phase power Parking: 5 council parking bays directly in front of the unit Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-2093575759","type":"c"}));

What we know about this property

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Portal facts

Erf Size

455 m²

Kitchens

2

Bathrooms

3

Floor Size

800 m²

Listing Date

05 August 2024

Listing Number

114752376

Rates and Taxes

R 4 015

Type of Property

Industrial Property

Power Availability

Three Phase