Combined Extent: ± 1610 m² | Neighbourhood Centre | Corner Property | Currently a mix of industrial and retail tenants | Long standing and committed tenants
This Investment Property will deliver a good return for the investor that is looking for a well-located property in the Southern Suburbs of Cape Town. This central location is midway on a high exposure route between Main Road (Plumstead) and the M5. Southfield is a well-established area in close proximity to good schools and a leafy residential suburb. This opportunity includes top floor space currently being used as upholstery manufacturing, offices and textile printing premises. The section at the bottom is being used as a light manufacturing facility who provides outdoor canvass and marketing products. The property also boasts three street exposed shops with longstanding tenants.
The premises is fully tenanted with tenants that want to remain. There is only one other owner who owns the remainder of the multi-purpose premises, making body corporate decision making easier. At the back of the premises where you will gain access to the first-floor units, is a motorised gate with electric fencing.
