Industrial Property in South Africa province Western Cape, Cape Town, Salt River
R4 275 000
Ad ID 496854
This 492m2 Rare business opportunity for a live-in Loft Studio working space. Enter through a private entrance into this unit consisting of a studio, separate open-plan living area with kitchen facility, separate shower and toilet, and walk in closet/room. Additional extensions off the studio area are a workshop, an office, and separate storage room or office, and multiple toilets. This unit is sold with 1 x allocated parking bay (exclusive use). As a multi-tenanted Sectional Title complex in Salt River, this unit is zoned for mixed use (MU2) and is an opportunity for a developer, business owner and/or investor looking for a space to modify into residential loft apartments. This section is 1 of 5 adjoining units available for sale - which can be bought as a bulk purchase totalling 1,377m2 and allows for additional tax benefit due to the premises falling within the UDZ area.
1 x Off-street Parking Bay
Additional on-street parking in close proximity to the building
Within walking distance from main bus routes and the Salt River train station
Zoning: Mixed Use (MU2)
Within UDZ area which allows for Tax benefits when purchasing premises more than 1,000m2
Levy: Approx. R5,904-00 per month
Rates & Taxes: Approx. R2,952 per month
NOTE: Excludes fitted kitchen shown, decor light fittings and fireplace in the studio living area.
The VIDEO link in this property listing shows all the sections that form part of the total 1,377m2 on offer made up of 5-sections, for the bulk asking price of R14,2 Million plus VAT.