| A Great Opportunity for A Developer |
Lucrative Investment or Development Opportunity in Steenberg
An exceptional investment opportunity in the high-traffic area of Steenberg, offering excellent income potential and versatile development possibilities. For building apartments or a Multiple unit shared property. This property currently generates income from three to four rental streams, including:
A tyre shop
A clothing store
A steelworks shop
A residential rental unit
With its prime location and steady foot and vehicle traffic, this property is ideal for continued commercial use or redevelopment into a residential complex, flats, or industrial space, significantly increasing potential rental income.
Steenberg is a sought-after area that continues to attract both residential and commercial investment. The property also boasts ample parking, making it suitable for various uses such as a shopping hub, or storage facility.
This is a rare opportunity to invest in a versatile and income-generating property in one of Cape Town’s developing commercial hotspots.
Don't miss out on the wonderful opportunity!
ERF Size 1,803 m²
Building Size 1803m²
Rates R211,744
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Meagan Benjamin
c. 0730314841
meagan.benjamin@rawson.co.za
Josephine Daniels
c. 072 355 7429
josephine.daniels@rawson.co.za
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