This freehold building is a MU3 zoned property and located just off the busy Long Street in the heart of Cape Town. Surrounded by eateries, restaurants and nightclubs. The zoning allows for residential conversion opportunity. The property is currently tenanted by a nightclub type operator, providing rental income to an investor with a 3 year lease agreement in place and includes a liquor license.
The property measures approximately 450m2. Asking price of R4 500 000 exclusive of VAT Rates = R5 256.37 CID = R1010.13 Contact me for more information and viewing arrangements.
Features
Building Name 9 Green
Zoning Mixed Use
Monthly Rates R1.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 329m²
Land Size 329m²
Power 3 Phase Yes
Air Conditioning Yes