Embrace vibrant Tamboerskloof living and commerce on Kloof Nek Road, with panoramic Table Mountain and city skyline views; established retail income plus three residential units and four parking spaces.
Situated on a high-visibility stretch of Kloof Nek Road in sought-after Tamboerskloof, this landmark building presents a rare opportunity to acquire a well-positioned mixed-use asset combining established commercial income with three residential units, all enjoying exceptional views of Table Mountain and the city skyline. The ground floor comprises a retail space with a long-term tenant in place, connected to a tandem garage and basement space, as well as a second vacant retail/commercial unit with frontage onto Kloof Nek Road and its own adjoining tandem garage, ideal for destination retail. Given its prominent position and consistent demand for space along Kloof Nek Road, the retail component is readily tenantable and well positioned to support stable long-term occupancy.
The first floor features two one-bedroom apartments. One includes a large private balcony with panoramic mountain views, a jacuzzi, en-suite bathroom, and modern kitchen. The second offers an en-suite bathroom, generous lounge and kitchen, and mountain views. The second floor accommodates a studio apartment with a balcony and unobstructed panoramic mountain views. The property offers a prime high-exposure position, an established commercial tenant, three residential income-generating units plus a studio/office, and rare off-street parking for four vehicles, presenting a compelling opportunity for investors seeking diversified income in one of Cape Town’s most desirable neighbourhoods. Viewing strictly on Mondays after 12pm due to tenant requirements.
Listed for sale at R9,950,000
Gardens is a vibrant and centrally located suburb offering a mix of residential charm and urban convenience, making it an appealing place to live for those seeking a dynamic lifestyle close to the city center.
* Distances and amenities are approximate.