Mixed Use for sale in Plumstead, Cape Town

R16,000,000
  1. 3,617m²
  2. Web Ref: 1107405
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Property Features

ERF Size 3,617 m²
Building Size 3617m²

Redevelopment Opportunity or Assisted Living Facility

Prime Location On The Periphery Of Constantia/Plumstead. Close To Pick N Pay, Constantia Village, Schools And Constantiaberg Hospital, With Quick Access To The M3

Used As An Assisted Living Facility, And Equally Configured For Any Alternate Retirement and/or Medical Use Facility; Or A Great Opportunity For A Redevelopment.

Property Features:

• Erf Size: 3617m2
• Zoning: GR2
• Floor Size 1337m2
• 45 Bedrooms
• Reception Area, Dining Hall, Resident Lounge, Laundry, Clinic And Kitchen.
• 27 On Premises Parking Bays

** The Property Is Currently Tenanted With A Net Return Of 11.25% p/a
** Price: R16,000,000 Ex Vat

Contact the broker

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*based on purchase price at Prime over 20 years

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