TELKOM PORTFOLIO: Massive Land Parcel for Redevelopment in Milnerton, Cape Town
TELKOM PORTFOLIO: Massive Land Parcel for Redevelopment. 5 Bosmansdam Road, Milnerton, Cape Town
Extent: ± 46 778 m² | GBA: ± 8 499 m² | Zoning: General Industrial 1 | Improvements: Main building comprising offices, classrooms, training rooms and a hall | Workshop | Storerooms | Undercover parking | Partially tenanted - lease until 2025 | Purchaser acknowledges that a usufruct is to be registered in favour of Telkom for the exchange site measuring ± 3 800 m²
Milnerton, Western Cape
Huge Land parcel for Redevelopment in Cape Town
In2assets offers a large, prime-positioned property in Milnerton Cape Town.
Know as the Telkom Centre for Learning, the property offers a unique opportunity to redevelop this prime site into a desirable commercial/industrial business park in a high-demand precinct.
Location The property surrounded by clusters of commercial and industrial buildings is easily accessible via M8 and M5 close to Montague Gardens. The location seems to have appeal for large-scale retail or business park purposes.
Improvements: The property consists of various improvements but about 50% of the land is undeveloped.
Occupation: A portion of the property is currently let out with a lease in place that ends on 31st of January 2025.
Conclusion: This exceptional property represents a rare chance to acquire a prime commercial/industrial position in this desirable Cape Town location.
This property forms part of a National Telkom Portfolio. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com.
