Extent: ± 2 371 m² | GBA: ± 5 009 m² | Zoning: Mixed Use 2 & Mixed Use 3 | Multi storey building, equipment rooms, offices, ablutions, store rooms and workshops | Communication Tower: The purchaser is compelled to enter into an Occupation & Use Agreement with Swiftnet SOC Limited for a period of 10 years at R4,500.00 ex vat per month | Open Serve: Lease agreement to be concluded with the new buyer at market related rental
Commercial Building for Redevelopment
In2assets offers a large, prime positioned property in one of Cape Towns desirable and traditional commercial areas, on corner of Loop Street and Bloem Street.
This multi-level property offers a unique opportunity to redevelop this prime site into a desirable commercial chem in a high-demand precinct.
Location
The property is easily accessible and surrounded by four roads, guaranteeing high visibility and easy accessibility.
The area consists of prominent commercial enterprises and traditional business operations.
Improvements:
The property consist of one multi-level building block with drive-in access for parking as well as an undeveloped yard next the building which is currently used as parking.
Conclusion:
This exceptional property represents a rare chance to acquire a prime commercial position in this traditional Cape Town CBD 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.
Rainer Stenzhorn
Show number
rstenzhorn@in2assets.com