Bo-Kaap , Cape Town Centre , De Waterkant , Devils Peak Estate , Foreshore , Gardens , Hazendal , Kewtown , Oranjezicht , Paarden Eiland , Salt River , Schotsche Kloof , Tamboerskloof , University Estate , Vredehoek , Walmer Estate , Woodstock , Zonnebloem
Located on the main Salt River Road, this property presents an excellent development opportunity ina vibrant commercial area. The building is zoned GB 5, offering significant flexibility for various business uses. The bulk density is multiplied by 4, allowing for substantial expansion or redevelopment. The property boasts a 100% floor coverage and a height restriction of 25 meters, providing ample space for various building [hidden];
Currently, the site hosts 7 shops, including:
2 mechanics
1 second-hand furniture store
1 grocery store
2 local food outlets
Nearby Business Hub:
The property is conveniently situated near the new River-club business hub or development which is one of the fastest-growing commercial districts in the area. This proximity enhances its potential for increased foot traffic and business synergy.