Situated on the Main road Retreat, this property is high visibility and exposure to all the passerby traffic. The adjacent land has been let by the owner from City of Cape Town for many years. It is currently zoned SR1 but the business has been running for decades on the departure from the Zoning scheme.
The erf is approx. 253m2 and the buildings approx 130m2. Owner has plans to demolish the outbuildings and build a warehouse which will be included in the sale. Vacant occupation is a possibility but the tenants are interested to stay on. Approx 10% yield. Perfect for an owner occupier.
Interested in High Visibility On Main Road Retreat . Please fill in your details and we will contact you as soon as possible.
Situated only minutes away from the world-renowned Camps Bay, Bakoven is often overlooked but make no mistake this is a highly sought-after suburb and offers incredible views.Learn More