Web Ref No DPC222

Discover an exceptional opportunity for conversion in the thriving Salt River mixed-use hub. This strategically located property is situated in close proximity to the Salt River Circle, which bordered by Friend Street, Factory Road, and Brickfield, Enjoy convenient connectivity to major arterial roads such as the N1, N2, M3, and M5. Seamlessly access public transport options including the Salt River Train Station and MyCiti Bus Routes.
Spanning across an expansive erf size of 1933sqm, this building comprises a 600sqm basement (dedicated to parking), 1600sqm on the ground floor, and 1250sqm on the first floor – all conveniently accessible through roller-shutter entrances.
Currently tenanted with 2 year leases in place, generating R200 000 per month on rentals.
Benefiting from a mixed-use 2 zoning, this property boasts a generous floor factor of 4. Unlock the potential for further development with a total bulk of 7732sqm, making this a truly remarkable investment opportunity.