R4,000,000
High Foot Traffic Retail Property For Sale In Wynberg
*Sole Mandate*
This retail property is ideally located at the southern terminal at the Wynberg Taxi Rank / Train station and benefits form the high levels of foot traffic seen daily.
The property measures +- 536 sqm and is zoned General Business 1. The building offers full retail with a one way road passing in front which is mostly used by commuters walking to and from the taxi rank, bus stop and train station. The building is split into 3 retail units but can be combined into one unit if needed. The units are fully tenanted with 3 tenants. As its stands there is huge potential to unlock value with these retail stores as they are large, open plan with a lot of unused space. This provides opportunity for a buyer to subdivide to create more retail units thus getting higher rentals. The sale is ex VAT which can be zero rated with tenants in place.
Contact me to discuss rentals, possibilities, etc or to arrange a viewing.
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
536m²
Land Size
536m²
Wynberg, Cape Town
Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
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