Mixed Use for sale in Salt River, Cape Town
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5,251m²
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Web Ref: 1289971
Property Features
Large Mixed Use Zoned Property For Sale - Salt River
Property For Sale - Development OR Investment Opportunity
* Student Accommodation And/Or Affordable Housing Development To Augment Existing Activity In This Precinct *
9 Brickfield Road – Salt River
R57,000,000.00 Plus Vat
Site Breakdown:
Erf Size: 5,251m2 * Zoning: MU2 (Mixed Use 2)
* F.A.R (Bulk Factor): 4 (c.21,000m2) *
Occupied By National Tenant with Strong Lease Covenants:
• Tenant: Buco Hardware
• Lease Expiry: 30/04/2026
• Renewal Option: 5 Years
• Rental Escalation: 6%
• Lease Type: Triple Net
(Tenant Responsible For All Costs Including
Rates/Levies, Utilities, Insurance, Repairs &
Maintenance)
** Business Is Not For Sale **
Contact the broker
Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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