PRIME INVESTMENT OPPORTUNITY FOR SALE, OBSERVATORY
This is an exceptional double-volume corner property, strategically located in the vibrant heart of Observatory. This property presents as a unique versatile and lucrative prospect for the savvy investor. Nestled in the heart of Observatory on Lower Main Road area, this property enjoys proximity to bustling urban life, renowned establishments, and excellent connectivity.
This property offers excellent visibility and exposure for a commercial and residential space.
Ground Floor retail space: The ground floor, currently a cafe features a roller shutter door for easy access, a small yard space for quick access, bathroom facilities, and a kitchen area with ample storage.
First Floor Apartment is a 2-bedroom apartment with 1 bathroom, an office area, and an open-plan kitchen and lounge, offering great views from the balcony area.
Affectionately known to locals as 'Obz', Observatory is a Cape Town suburb that defies expectations. Sure, it's known for being a student hub, thanks to its proximity to the University of Cape Town (UCT). But look closer, and you'll find a colourful suburb bursting with historic charm, youthful energy, and surprising affordability - a potent mix that's attracting savvy property buyers of all stripes.
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
