Property features

R29 850 000
Security Estate

Property Details

Mixed-Use Investment Opportunity in the Heart of Bo-Kaap!! Landmark building including restaurant, convenience store and apartments for sale in sought-after Bo-Kaap. Situated on the corner of Wale and Pentz Street this property is highly visible and offers tremendous upside for an owner-operator or investor. The are three revenue streams; the restaurant, the convenience store and the apartments, offering 815m² across three erven under a single title deed this property offers immediate income streams plus redevelopment opportunity. The restaurant can seat up to 100 diners and the convenience store enjoys a steady trade from locals and tourists whilst there are three apartments with private balconies providing an excellent opportunity for short-term rentals or long-term leasing. The bonus for the area is that this is not designated an heritage site thus allowing an investor the freedom to unlock the potential on offer. Further information will be shared subject to a viewing. Viewings are by appointment, contact us today to arrange a viewing.