Commercial Property for auction in Plumstead, Cape Town
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Web Ref: 1348241
Property Features
Interior Features
Exterior Features
BRAND NEW MIXED USE BUILDING ON MAIN ROAD PLUMSTEAD WITH AMPLE PARKING
Going on Auction: Wednesday 24 June 2026
Reserve Price: R18 000 000.00 (All offers will be reviewed)
Expected Opening Bid: R17 000 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Prime Newly Built Mixed-Use Commercial Property | Main Road, Plumstead
Positioned on the highly visible Main Road in Plumstead, this newly built mixed-use commercial property offers outstanding exposure and exceptional flexibility for a wide range of business and investment uses.
Designed with modern functionality in mind, the building features spacious open-plan areas, private offices, high ceilings with exposed services and excellent natural light throughout. Street-facing glass frontage provides strong branding and signage opportunities, while multiple access points allow for easy subdivision or multi-tenant use.
Upper-level terraces, a contemporary architectural finish, rooftop solar and modern HVAC systems enhance both operational efficiency and tenant appeal. Zoned Local Business Zone 2 (LB2), the property is ideally suited to offices, call centres, medical or training facilities, boutique hotels, co-working hubs, restaurants or destination retail.
A rare opportunity to secure a future-ready commercial asset in one of the Southern Suburbs’ most visible and accessible locations.
Onus rests on the purchaser to obtain any required departures.
At a Glance:
• Newly built mixed-use commercial building
• Prime Main Road frontage with excellent exposure
• Local Business Zone 2 (LB2) zoning
• Approved for business, institutional, assembly and specialised uses
• Ideal for offices, call centres, medical, education, hospitality or retail
• Large open-plan floor plates with private office areas
• High ceilings with exposed services and modern industrial finish
• Contemporary ablution facilities with accessible amenities
• Multiple access points for single or multi-tenant configuration
• Street-front glazing for signage and walk-in visibility
• Rooftop solar installation and modern HVAC systems
• Upper-level terraces and outdoor breakout areas
• Excellent investment or owner-occupier opportunity
Book your viewing today!
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
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*based on purchase price at Prime over 20 years
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