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
    • 30 Sep 2016
      Adding a garage can add real value to a property, according to Greeff Christie’s International Real Estate chief executive, Mike Greeff.
    • 30 Sep 2016
      Selling your home will cost you more than just the agent’s commission, says Cameron Jansen, Broker/Manager of RE/MAX Central. He adds that often sellers expect to get more out of the sale of their property than they actually do, because they have not factored in all costs that it takes to get the home sold.
    • 30 Sep 2016
      Demand for residential property in the once-bohemian suburb of Mowbray in Cape Town has risen so sharply that the average time a house remains on the market has now dropped to a mere eight days, with some even selling within a day of release.
    • 30 Sep 2016
      Property can be one of the best investments you make and an excellent way to build wealth. However, Samuel Seeff, chairman of the Seeff property group, says that beyond your primary residence, investing in a rental property for example can become a financial nightmare.
    • 29 Sep 2016
      If you’re new to selling property the task can seem intimidating and even a bit overwhelming – but fortunately you don’t have to tackle it alone.
    • 29 Sep 2016
      With a recent 24-unit development, The Paddocks, selling out in six months and increasing commercial activity in the village, the scenic town of Clarens in the Free State is seeing growing interest in residential property, says Odette Parris, Pam Golding Properties agent in the area.
    • 29 Sep 2016
      Navigating all the paperwork involved in securing a home loan can be a little overwhelming at times – particularly as a first-time buyer confronted with an array of industry jargon and cryptic initialisms.
    • 28 Sep 2016
      Owning a home is a dream-come-true for many young people, but being a first-time buyer wrapped up in finding just the right property could mean that the thought of what it will cost to run and maintain that property hasn’t crossed your mind.
        
    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