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R3,150,000

R3,150,000

207m² Business For Sale in Observatory
211 Bishop
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207m² Business For Sale in Observatory

Web Ref. CACB-6193
Land size 207.00 m²
Floor size 207.00 m²
Monthly Bond Repayment
R29,404.66
PRIME INVESTMENT OPPORTUNITY FOR SALE, OBSERVATORY

This is an exceptional double-volume corner property, strategically located in the vibrant heart of Observatory. This property presents as a unique versatile and lucrative prospect for the savvy investor. Nestled in the heart of Observatory on Lower Main Road area, this property enjoys proximity to bustling urban life, renowned establishments, and excellent connectivity.

This property offers excellent visibility and exposure for a commercial and residential space.

Ground Floor retail space: The ground floor, currently a cafe features a roller shutter door for easy access, a small yard space for quick access, bathroom facilities, and a kitchen area with ample storage.

First Floor Apartment is a 2-bedroom apartment with 1 bathroom, an office area, and an open-plan kitchen and lounge, offering great views from the balcony area.
Monthly Rates R11,524

Features

Zoning
Commercial
Interior
1 Kitchen
1 Bathroom
Sizes
Land Size 207 m²
Floor Size 207 m²
Additional Amenities
Balcony
Alarm System
Entrance Hall
Reception
Fire Suppression
Fire Escape
Closed Circuit TV
Listing Info
Date Listed 19-06-25
Time Listed 10:47

Observatory, Cape Town

Affectionately known to locals as 'Obz', Observatory is a Cape Town suburb that defies expectations. Sure, it's known for being a student hub, thanks to its proximity to the University of Cape Town (UCT). But look closer, and you'll find a colourful suburb bursting with historic charm, youthful energy, and surprising affordability - a potent mix that's attracting savvy property buyers of all stripes. Tips: Why Observatory is More Than Meets the Eye Affordable Haven in a High-Demand Market: Let's face it, Cape Town's property prices aren't for the faint of heart. But Observatory represents a pocket of relative affordability in a city known for its high costs. For investors, this means rental potential; for individuals and...
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Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.