Development Opportunity | GR2 Zoning
Exceptional development opportunity to re-build on 478 m2 plot with…
R10,995,000
Wynberg, Cape Town, City of Cape Town, Western Cape, South Africa
Buy
R13,225,000
Own a thriving commercial hub in a high-traffic area, offering versatility and consistent income! This exceptional property boasts a prime location and a unique configuration, perfect for investors and established businesses alike. This property is zoned GB1 and is ideal for a restaurant, coffee shop or retail space. Newly painted and tiled upstairs, the property is immaculate and ready for business. Price is exclusive of VAT and transfer costs. Downstairs is a Spacious restaurant area: Ideal for seating a bustling crowd, this area features a kitchen, dedicated restrooms, and even staff quarters for added convenience. Flexible layout: Easily adapt the space to various restaurant concepts, from casual cafes to upscale dining experiences.
Upstairs offers established income: Two separate units currently leased by a hair salon and a beauty spa provide consistent rental income from day one. Professional atmosphere: Both units are designed for client comfort and functionality, attracting loyal clientele.
Ready for expansion: With separate entrances and flexible layouts, the upstairs units can be adapted to various business uses if desired.
Outdoor Haven, with panoramic terrace: This open-air space provides a unique selling point, offering guests stunning views of the park and mountains while enjoying their coffee, tea, or cocktails. Event potential: Host private gatherings, outdoor dining experiences, or pop-up markets, maximizing the terrace’s appeal. Additional Features include ample parking: Dedicated off-street parking ensures convenience for both staff and customers. High-traffic location: Situated in a bustling area with excellent visibility and foot traffic, guaranteeing exposure for your business. Investment opportunity: Generate income from established tenants while exploring possibilities for expanding or developing the downstairs restaurant area. Within proximity to the M3, nearby schools and up-market residential areas, this property is truly part of the sought-after Chelsea Village landscape. The collection of Cape Georgian buildings is one of the most dense in the country, most of those on the high street consist of picture framers, antique shops, house galleries and interior decorators with deli style coffee shops. The quiet lanes of Wynberg’s Chelsea Village in Cape Town are reminiscent of a little English village high street. It’s also known as Little Chelsea or Wynberg Village, after London’s Chelsea. The gates to Maynard Park and its open-air theatre, which hosts an annual Shakespeare in the park, lie just off Wynberg Village. Don’t miss this chance to own a versatile commercial property with endless possibilities! Call us today for a viewing and to discuss your dream business venture!
Rates: R6 336 P/M
Exceptional development opportunity to re-build on 478 m2 plot with…
R10,995,000
This beautiful mixed use office/apartment can be found in the…
R2,950,000
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