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
    • 25 May 2016
      It’s every landlord’s nightmare – being stuck with a tenant who doesn’t pay rent or isn’t looking after your property and refuses to move out, no matter what you do.
    • 24 May 2016
      This double storey home is situated in the very exclusive Monte Sereno, Somerset West with easy access to the R44, N2, Waterstone Shopping Mall and excellent schools. You can enjoy breathtaking, panoramic views of the majestic mountains and False Bay.
    • 24 May 2016
      It’s only fitting that an urban sanctuary like Metropolis on Park – Sandton’s new luxury apartment development – offer residents a sociable location where they can refuel in style. With this in mind, developers Barrow Properties are delighted to unveil Open on Park.
    • 24 May 2016
      An open communication channel is imperative to the relationship between a prospective homebuyer and the real estate professional they choose to work with, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 24 May 2016
      One of the more contentious issues between a landlord and the tenant is almost always the general state of repair and ongoing maintenance and repair issues that crop up within a tenancy.
    • 24 May 2016
      A recent trend is short-term letting of residential sectional title units as holiday accommodation, which often are specifically bought for this purpose.
    • 23 May 2016
      This lovely modern double storey home is located within the exclusive Clearwater Fly Fishing Estate in Pretoria and it is easy to see why it is our Property Pick of the day!
    • 23 May 2016
      Cape Town is achieving some of the highest rental returns in the country, according to TPN. The Mother City’s rental yields are at an annual escalation of 10%, whereas Johannesburg is only seeing an annual escalation of 3%.
        
    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