67 Long Street

67 Long Street, Cape Town City Centre, Cape Town, South Africa

Office unit for sale

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Listing ID: S-8990

Sale Price R27 000 000
GLA 1,028 m²
Rate R26 265 /m²
Zoning Commercial
Levies

R 0

Storage

732 m² @ R15341/m²

Parking

Open

3 bay(s)

Investment Retail Property For Sale In The Heart Of Long Street, Cape Town

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.

67 Long Street

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.

Property features:

Fibre Infrastructure
Wheelchair Access
Bathrooms
Private Bathrooms
Nearby Bus Service
Nearby Taxi Service
Nearby Train Service
...

Area specialist

Tina Zervas

Commercial Broker

Property Practitioner

...

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