Mixed Use for sale in Observatory, Cape Town
Web Ref: 1112704
Mixed Used zoned Property for sale on Franklin Road, Observatory.
This property is zoned MU2 offering a floor factor of 4, 100% coverage and 25-meter height above base level. It offers multiple uses and have an extend of 209m2.
Currently used as an audio design, manufacture and repair studio, it offers a large reception/waiting area, private managers office, manufacturing space and large storage space. There are two parking bays in front and two more at the back. There is a small private back yard accessible from a side street only.
Three phase electricity, a dust extraction unit and high-speed fibre to the property. It is easily accessible from Main Road, the M5, the N2, Voortrekker and Salt River Roads.
In its current format it can be used for storage, distribution, light manufacturing, fitment and assembly or it can easily be converted into a residential home. The property also lends itself well to be developed.
Priced at R 2, 5 million
Viewing by appointment only.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.