Listing ID: S-11078
Size | 5 849 m² | |
price per sqm | R17 097 m² | |
Sale Price | R100 000 000 | |
This is a perfect redevelopment opportunity on a prominent site measuring 5 849m² with circa 41 000m² of bulk available to develop at least 7 stories of offices/residential/student accommodation/hospitality, with convenience retail on the ground floor.
Proposal would allow for 2 basement parking levels. Big box retailers have already expressed strong interest to take up space in the centre.
The property is conveniently situated on the fringe of the Cape Town CBD in close proximity to the City Centre and V&A Waterfront. Proximity to the N1 and N2 Freeways in and out of the City are easily accessible. It is located on Sir Lowry Road, which connects the CBD to the Southern Suburbs. It is on the MyCiti/Golden Arrow bus and Jamie Shuttle bus route for students needing access to UCT, and it is also close to CPUT campuses.
The site is opposite The District, which is a modern, A-grade office building with retail on the ground floor comprising a restaurant, deli/coffee shop and more. It is also next to the popular Buchanan Square/Hills Building. Clicks Head Office and The Boulevard Office Park are also in close proximity.
The property also has great views from this position.
For more information, please contact Andre Theron.
Size | 442 m² | |
price per sqm | R13 462 /m² | |
Sale Price | R5 950 000 |
Size | 2 085 m² | |
price per sqm | R30 544 /m² | |
Sale Price | R63 684 000 |
Generator |
Fibre Infrastructure |
Security |
Controlled Access |
Size | 273 m² | |
price per sqm | R25 000 /m² | |
Sale Price | R6 825 000 |
Fibre Infrastructure |
Security |
Controlled Access |
Wheelchair Access |
Size | 369 m² | |
price per sqm | R20 209 /m² | |
Sale Price | R7 457 000 |
Fibre Infrastructure |
Security |
Controlled Access |
Wheelchair Access |
Size | 51 525 m² | |
price per sqm | R1 300 /m² | |
Sale Price | R66 982 500 |
Fibre Infrastructure |
Nearby Bus Service |
Nearby Taxi Service |
On Grade Access |
Size | 120 533 m² | |
price per sqm | R290 /m² | |
Sale Price | R35 000 000 |