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 Feb 2017
      Accurate property value estimation is often considered an art as much as it is a science – it’s not always easy to pin down that mysterious “x factor” with hard statistics.
    • 24 Feb 2017
      The appointment of the conveyancing attorney is an important decision when selling your home. The conveyancer has to deal with all the parties to the transaction and coordinate a number of processes so that everything comes together at the right time.
    • 24 Feb 2017
      Each month homeowners receive a bill for the rates and taxes applicable to their property, but what are these municipal rates used for and how is the amount worked out?
    • 23 Feb 2017
      There is no denying that the beautiful and historic Bo Kaap is South Africa’s most colourful ‘hood - but in South America there is a town that many considers the most colourful town in the world.
    • 23 Feb 2017
      If the City of Gold is calling your name and you are wondering where you are going to hang your hat at the end of a busy day then wonder no more as we take a look at five new properties for sale in Johannesburg.
    • 23 Feb 2017
      While the increased transfer duty threshold is a welcome relief, real estate experts all agree that it is not all good news for the home owners.
    • 23 Feb 2017
      Minister Pravin Gordhan had a difficult budget speech to deliver on the 22nd of February as the economy struggles through its largest under performance since the 2009 recession, with the added challenge of a R30.4bn tax shortfall. The economic growth forecast remains unchanged at 1.3% for 2017, 2% for 2018 and 2.2% for 2019.
    • 22 Feb 2017
      Finance Minister Pravin Gordhan announced today that properties under R900 000 will not attract transfer duty tax - this was previously R750 000.
        
    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