Listing ID: S-8990
Sale Price | R27 000 000 | |
GLA | 1,028 m² | |
Rate | R26 265 | |
Zoning | Commercial | |
Parking
Open |
3 |
Long Street's iconic mixed-use building, The Decks, offers a prime ground floor location for retail, office and serviced apartments. The ground floor space is sectionalised into two units, one of which is a sizable tenanted unit while the other remains vacant.
Unit 1, located on the corner of Long and Hout Street, boasts a generous 506m² area and was previously leased by Standard Bank, making it capable of generating R90 000 in gross rental income.
Unit 2, a spacious 1 167m² area, is currently leased by Bidvest and has two years left on their contract. They have been using this retail space for multiple years, with a high probability for renewal, and enjoy access to a small loading bay and two basement storage areas.
Both units are available for separate purchase and provide investors with the potential for positive yields.
For more information and to arrange a viewing, please contact Keith Voges.
This perfectly located retail premises is immediately available for sale or rent on the bustling Long Street on the corner of Hout Street.
From a geographical retail perspective, it is situated 100m from the highest density of fast food retail outlets in Cape Town. The Decks is a prominent mixed-use building located at the intersection of Long and Hout Streets in the heart of Cape Town's Central Business District.
The building offers excellent visibility along these two highly pedestrianised and bustling streets. The location is ideal for a coffee shop, cafe or retail store, with a steady stream of pedestrians walking by throughout the day. Whether you want to appeal to busy professionals, tourists or locals looking for a distinctive shopping experience, this location will not disappoint.
Size | 243 m² | |
price per sqm | R28 807 m² | |
Sale Price | R7 000 000 |
Size | 318 m² | |
price per sqm | R10 403 m² | |
total sale | R3 308 000 |
Size | 724 m² | |
price per sqm | R17 403 m² | |
Sale Price | R12 600 000 |
Fibre Infrastructure |
Controlled Access |
Open Plan |
Kitchen |
Size | 242 m² | |
price per sqm | R14 669 m² | |
Sale Price | R3 550 000 |
Fibre Infrastructure |
Security |
Controlled Access |
Boardroom |