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1,130m² Building For Sale in Observatory

R11,500,000

Web Ref No CL2719478

10 INDIVIDUAL UNITS 9 PARKING BAYS AND 8 GARAGES

10 INDIVIDUAL UNITS 9 PARKING BAYS AND 8 GARAGES

Observatory Centre is a newly renovated building in the hub of the rapidly transforming Observatory .The building is over one hundred years old and has been through many transformations, but has always contained retail businesses that benefit from their location right on the busy arterial that is Lower Main Road, Observatory.

216-226A Lower Main Road, Observatory
Land size: 1130 SQM
Coverage 100%
Bulk Factor 3.7
Mixed Use 2


Unit 216 Retail - 110 sqm
Unit 218 Residential 2 bed - 130 sqm
Unit 220 Retail - 120 sqm
Unit 222 Retail - 36 sqm
Unit 224 Retail - 90 sqm
Unit 226 - Residential 2 bed - 140 sqm
Unit 226 A - Retail 130sqm
Unit Courtyard store Retail - 14sqm
Unit - Shop1 Retail - 60 sqm
Unit - Shop2 Retail - 60 sqm

9 parking bays
8 secure garages

1.123m ex VAT return per annum

R11500000 ex vat

E&OE

Features

Open Parkings 9
Zoning Mixed Use
Covered Parkings 8
Floor Size 1,130m²

Broker Contact Details

Andre Swanepoel
Candidate Property Practitioner
Registered with PPRA
(FFC 121 733 1)

Cell 082 429 5550
Office (021) 5568682
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