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R2,100,000
$115,130
£88,975
€106,733

Retail for sale in Observatory

163m²
Reduced
Investment Opportunity, Busy Main Road Position.

This exceptional property offers a versatile mixed use zoning -

MU2, making it ideal for various purposes such as retail, residential, commercial, and apartments.

The potential is limitless, especially considering its prime location on a bustling Main Road, ensuring high visibility and exposure for businesses like law offices, medical practices, and more. Additionally, it is perfect for those looking to work from home.

The property features a shop front, along with two spacious bedrooms, a sizable kitchen, and a generous yard space. Situated in the vibrant and trendy district of Observatory, it attracts a dynamic and diverse community. Don't miss out on this incredible opportunity.

Shibnim Shaboodien is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated franchise of RE/MAX SA.

Property Type
Retail
Stand Size
163m²
Rates & Taxes
R1,150
Reference
2272970
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R22,825
Home loan repayment
R21,675
Rates and taxes
R1,150
Utilities
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R0
Property history
Listed for sale at R2,590,000
31 Jul 2024
Price reduced by 18.9% to R2,100,000
30 Jan 2025
Get to know Cape Town
Cape Town is home to one of the most cosmopolitan communities in the world and certainly lives up to its title as the Mother City. From its beginnings as the port for the Dutch fleets, Cape Town has evolved into one of the most modern cities in South Africa and the African continent.
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