Fully Let Retail Property For Sale | Observatory, Cape Town
Sole and Exclusive Mandate.
An opportunity to acquire a fully tenanted commercial property situated in Observatory, Cape Town.
Offered at a 12% capitalisation rate, based on the annual net operating income.
The property occupies an erf of 1,073 m², with approximately 1,069 m² of lettable area, and benefits from frontage onto both Station Road and Lower Main Road, one of Observatory's established hospitality and entertainment strips.
Property Features:
- Land extent: 1,073 m²
- Lettable area: ±1,069 m²
- Zoning: General Business 1 (GB1)
- Fully let to three commercial tenants
For further information, including the rental schedule, lease details and supporting property documentation, please get in touch with us directly.