Observatory, Cape Town City Bowl, Western Cape ID 1287137
Vacant Land
368m2
574m2
GR2 Zoning | 574m² Erf | 368m² Retail Space Stable Annual Income: R560,052 *(R46,671/month)* 3 Tenanted Retail Units: Studio Candor (128m²) @ R14,720/month ACGL (120m²) @ R16,951/month Excite Taxis (120m²) @ R15,000/month High-Demand Location - Observatory's thriving commercial node Zoning Flexibility - GR2 allows for multiple use cases Ideal for: Investors seeking a low-maintenance, income-generating asset with upside potential in Cape Town's trendiest suburb. Asking Price: R6,995,000 (Negotiable for serious buyers) Studio Candor (128m²) @ R14,720/month ACGL (120m²) @ R16,951/month Excite Taxis (120m²) @ R15,000/month
Olive Properties
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