select
|

PRIME RETAIL SPACE ADJACENT TO CAVENDISH SQUARE ON THE MARKET


Prime commercial space - particularly retail accommodation - in Cape Town's sought after Southern Suburbs is generally in demand, and currently Pam Golding Commercial (PGC) is marketing some interesting options which include space available adjacent to prestigious Cavendish Square, Claremont and in Wolfe Street - the main street in Wynberg's quaint Chelsea area.


Says Sue Freeling, leasing and sales consultant for PGC: "It's very rare to find any space available at all in these two prime locations. In addition, the positioning of these properties is ideal. The first is 102sqm of very high profile space in Cavendish Road, set among upmarket boutiques opposite Cavendish Square and marketed at R260 per square metre. The other comprises 100sqm of space to let - ideal as a studio or office, on the first floor of a beautiful period building adjacent to jewellery, fabric and décor shops in Wynberg's highly sought after Chelsea area, available at R110 per square metre."


She says the rejuvenation of Claremont's CBD/Main Road area - close to Cavendish Square - coupled with its convenient access to major routes such as the M3 and the entire Southern Suburbs has boosted interest in commercial property in this vicinity, particularly among small businesses seeking space. Also adjacent to Cavendish Square and available to let is 700sqm of A Grade office space on the second floor of a refurbished, well maintained building. This is marketed by PGC at R110 per square metre and 16 parking bays are available at an additional cost.


Also available to let and situated in Main Road, Claremont, near the newly completed Pick 'n Pay building, are two floors of offices, comprising 465sqm and 230 sqm respectively - both with exceptional views of Table Mountain. The rental rate is R95 per square metre.


Further south on Constantia Main Road, with high visibility and easy access via Gabriel Road is a 690sqm erf which includes a house formerly used as an organic retail and coffee shop. This property can be utilised as retail space, restaurant or offices. Including 18 parking bays and priced at R2.95 million, this property could easily be converted or extended.


Issued by Gaye de Villiers



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
    • 16 Jan 2018
      The start of the new year is symbolic of new beginnings. A good time to take stock of one’s possessions as well as how necessary they actually are. However, seeing as the process may appear daunting – a plan goes a long way.
    • 16 Jan 2018
      The Western Cape is still in the throes of a severe drought and many households have to adjust the way they use and save water. It is a little more complicated in sectional title schemes, however, as it is not that easy to implement grey water systems for multiple users and it is also difficult to monitor water usage accurately if there are no separate water meters
    • 15 Jan 2018
      In ideal rental situations, when a lease is signed the tenant will stay for the full duration of his lease without any complications and the landlord will uphold his obligations, creating a win-win situation for tenant and landlord.
    • 15 Jan 2018
      The Atlantic Seaboard’s housing market has stoically withstood the brunt of the growing economic and political instability, consistently achieving double digit growth way above the national average, however, in 2017 South Africa’s most resilient market finally began to yield to the pressure.
    • 15 Jan 2018
      Sectional title insurance can be a little confusing and, as a new owner, you may be tempted to just assume your body corporate has you covered. While this may be the case, understanding the extent of your coverage and your personal liability is the only guaranteed way to protect yourself against potentially costly oversights.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK