# Mixed Use sold in Lotus River, Cape Town

- **Price:** R8,500,000
- **Location:** Lotus River, Cape Town
- **Web Ref:** 1315021

## Details

- ERF Size 4,127 m²
- Building Size 1249m²
- Rates R5,000 per month

## Description

Investment / Development Opportunity:

This property offers:
•	4 127m2 total erf size.
•	GB1 Zoning
•	2 300m2 is flat vacant land
•	One four-bedroom house on the erf.
•	Five retail stores on the erf.

The Retail Stores
•	Has a combined rental income of R 56 000,00 per month.
•	Solid long-term leases in place with development clause.
•	Fully let.
•	Leases managed by Rawson Properties Constantia.

The Residence:
•	Four bedrooms
•	Market Value R 1, 5 million
•	Rental potential R 12 000,00 per month. 

The Vacant Land
•	2 300m2 flat open land.
•	Behind walls with separate gate for entry.
•	Ideal for a residential or commercial development. 
•	Electricity substation in front of the property.

Asking price R 8 500 000,00 (NO VAT)

Viewings by appointment only

## Agent

- Glenn Marshall — 0710791427 — glenn.marshall@rawson.co.za

## Office

- Constantia Commercial — 021 761 1055

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[View this property on rawson.co.za](https://rawson.co.za/commercial-property/for-sale/constantia-commercial/1315021)