R44 999 970 | 2110 m2 @ R21327 per m2
View more unitsAn outstanding opportunity presents itself with the sale of One Lagoon Beach, a 2,110m² commercial building strategically located in Milnerton Central. This property offers a blend of immediate income generation and significant redevelopment potential, making it an ideal acquisition for investors and developers alike.
Total Building Size: 2,110m²
Parking: 29 dedicated bays, ensuring ample space for tenants and visitors
Current Occupancy:
First Floor: Fully tenanted, providing a stable income stream
Second & Third Floors: Vacant and primed for redevelopment or new tenants
Redevelopment Potential: The vacant upper floors offer a unique opportunity for conversion into residential apartments or modern office spaces, capitalizing on the area's growing demand for mixed-use developments.
Panoramic Views: Upper floors boast breathtaking views of the surrounding landscape, enhancing the property's appeal for potential residential conversion.
Strategic Location: Situated in the heart of Milnerton Central, the property provides easy access to major transport routes, including the N1 and N2 highways, facilitating seamless connectivity to Cape Town's CBD and other key areas.
Proximity to Amenities: Close to shopping centers, restaurants, and recreational facilities, offering convenience for tenants and potential residents.
Immediate Income: The tenanted first floor ensures an ongoing revenue stream from day one.
Value-Add Opportunity: Potential to increase the property's value through redevelopment of the upper floors.
Desirable Location: Milnerton Central is experiencing significant growth, making it a sought-after area for both commercial and residential developments.
Comprehensive Parking: With 29 parking bays, the property addresses a critical need in urban developments, adding to its attractiveness.
One Lagoon Beach represents a rare chance to acquire a property that combines immediate returns with long-term growth potential. Whether you're looking to expand your investment portfolio or embark on a redevelopment project, this building offers the flexibility and location to support your objectives.
Contact us today to arrange a viewing and explore the possibilities that One Lagoon Beach has to offer.
One Lagoon Beach is the setting of an A+ Grade bulling with commercial office spaces available to let in Paarden Eiland providing, onsite & basement parking bays for staff and visiting customers, fixed wireless fibre connectivity, prime location, ocean view balconies and the comfort of modern accommodation to ensure a professional finish adding value to your business profile. This commercial office building is ideally situated close to all necessary public transport facilities while being easily accessible from Marine Drive, granting pain-free commute towards the M5 and the N1 Highway. Surrounding industrial & commercial nodes to Lagoon Beach, sees: Paarden Eiland, Milnerton, Marconi Beam, Montague Gardens, Killarney Gardens and Richmond Park.
Internet
Security
Water Backup
Standalone
In Park
Natural Ventilation
Balcony