TELKOM PORTFOLIO: Prominent Retail Building in Kraaifontein
TELKOM PORTFOLIO: Prominent Retail Building in Kraaifontein. 189 8th Avenue, Belmont Park, Kraaifontein, Cape Town
Extent: ± 2 666 m² | GBA: ± 680 m² | Zoning: General Business 2, Single Residential 1: Conventional Housing, Transport 2: Public Road and Public parking | Right of way servitude to be registered on the rear of the property on transfer
Kraaifontein, Western Cape
This business-zoned property enjoys good exposure in Belmont Park, in Kraaifontein, accessed directly off the M15, which is the main road bisecting Kraaifontein. The subject property is situated opposite the local shopping centre with Shoprite as the main tenant.
The subject property therefore has a mixed use. According to the Cape Town City Council the primary uses for General Business 2 are as follows: Business premises, dwelling house, second dwelling, boarding house, flats, place of instruction, place of worship, institution, hospital, place of assembly, place of entertainment, hotel, conference facility, service trade, authority use, utility service, rooftop base telecommunication station, multiple parking garage, private road and open space.
The subject property can therefore be used or converted into many uses as listed above.
This property forms part of a national portfolio of Telkom & Gyro Properties. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com to obtain the full listing.
