240m² Building For Sale in Cape Town City Centre

This freestanding building is situated on the busy St Georges Mall walkway and perfectly suited for redevelopment into residential units or student accommodation as it is located very close to public transportation facilities and surrounded by retail shops, offering high foot traffic. Ground floor offering retail shops currently tenanted with upstairs housing a few commercial tenants. This building is zoned GB7 offering additional bulk build allowance.
The land extent is 240m2. Asking Price of R32 000 000 exclusive of VAT
Monthly Rates: R14 744.84
Improvement Levies: R2 833.14
Contact Sharon Marais, our Commercial Property Broker to setup a site viewing.