Commercial for sale
Investor-ready multi-unit building offering steady rental income and central convenience in Milnerton near Cape Town CBD and Century City; potential conversion to 33 apartments and two penthouses.
A building that offers multi opportunities for investors to purchase,generate rental income and potentially grow their property portfolio.
With the right location , tenant mix and structure, a multi-unit or mixed-use building can provide more than one income stream from a single investment.
Milnerton is close to Cape Town CBD, Century City, the N1 and West Coast, making it convenient foe businesses, residents and commuters,
Strong commercial environment, the area has established business and industrial nodes, including Milnerton Business Park and Montaque Park.
Rental income potential, current 2026 market data reports industrial A-grade rental around R98 q/m pm with industrial vacancy around 6.5 percent and report rental growth of 5,8 percent year-on-year.
Residential demand, apartments provide different investment options, including properties that can generate monthly rental income.
Established amenities, investors benefit from proximity to shopping and business
facilities such as a Canal Walk Shopping center and Sable Square.
This building is ideal for a large cooperate office, professional center or business headquarters.
There are approximately 40 secure basement parking bays.
The building could potential be converted into a boutique or mini-hotel, subject to the necessary approvals.
Potential to convert the building into 33 apartments and 2 penthouses, subject to planning and municipal approvals
Listed for sale at R36,000,000
Century City is a vibrant, modern, and secure mixed-use urban hub that offers residents a convenient lifestyle with integrated work, leisure, and residential spaces surrounded by scenic canals and nature reserves.