Retail Space 44 Salt River, Woodstock CPT
R7 499 680 | 760 m2 @ R9868 per m2
View more unitsPrime Multi-Tenant Retail Investment Opportunity in Salt River
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This prime property is ideally located on busy Salt River Road, one of the main arterial roads linking Albert Main Road and Victoria Main Road. Offering a rentable area of 760 sqm divided among five retail tenants, this property has consistently demonstrated high tenancy rates, making it a reliable investment.
The site is zoned Mixed Use 2, allowing for significant development potential with 3280 sqm of allowable usable space after development. Additionally, plans have been drawn up for 51 units to be built on site (pending approval).
Features:
- 760 sqm Rentable Area: Divided among five retail tenants.
- High Tenancy Rates: Proven reliability as an investment.
- Mixed Use 2 Zoning: Allows for extensive development possibilities.
- Development Plans: Plans for 51 units have been drafted (not yet approved).
- Prime Location: Excellent street visibility on a busy arterial road.
This property offers an excellent retail investment opportunity with solid tenancy rates and significant development potential. For more information or to schedule a viewing, contact Anvil Property Smith today!
44 Salt River Road is a prime commercial property located in the heart of Salt River, a vibrant and rapidly developing area in Cape Town. This property offers an excellent opportunity for businesses looking to establish themselves in a dynamic and accessible location. With its excellent connectivity, contemporary infrastructure, and commitment to sustainability, this property is perfectly suited to support the growth and success of your business.
Facilities
Internet
Wheelchair Friendly
Standalone
In Park
Natural Ventilation
Broker Details
Ntsika Nyiba
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