KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 5987

PRIME CORNER COMMERCIAL UNIT

3 PEPPER SQUARE STUDIOS, 65 STATION ROAD, OBSERVATORY

Property Description

PROPERTY DESCRIPTION:

Commercial corner unit currently tenanted to a Laundry until April 2019. The location does not get better than this. This commercial unit is conveniently situated in the heart of Observatory, has good exposure on Station Road and plenty of walk in traffic.

  • Ground floor unit with street access.
  • All windows and doors have security bars.
  • Electric panel is 240 volts and 6KVA with 16 circuits, 9x 30amp circuits, 6x 35 amp  circuits and 1x 40amp circuit.
  • Pre-paid Smart Meter
  • Toilet and sink in unit
  • Storage
  • Rental Income p.a.:  ± R120,744

The space has been split in half and the rear end is being used as sleeping quarters. The dividing wall is framed and sheet-rocked and is easily removable.

DETAILS:

  • Sectional Scheme Name & No: SS Pepper Square Studios, 218/2009
  • Unit Number: 3
  • Unit size: 61m²
  • Rates p.a. ± R8,417

Auction Venue

AUCTION VENUE

THE ONE & ONLY HOTEL, V&A WATERFRONT, CAPE TOWN

AUCTION TIME

30/01/2019

12h30

Property Location

Property Info

3 PEPPER SQUARE STUDIOS, 65 STATION ROAD, OBSERVATORY

CONTACT AGENT

Sanjeev Boyjoonauth

0712239552

ENQUIRE NOW

ON SHOW DATES

Thursday 17 January 2019, 12 - 2 pm

Tuesday 23 January 2018, 12 - 2 pm