- Mixed-use building in Cape Town`s Waterkant Street
- Ground floor superette with working kitchen and bathroom
- Existing spacious 2-bedroom, 2-bathroom apartment with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors
- Currently tenanted and receiving R35,000/month rental income (Apartment) and R35,707 (Commercial space) per month
- Modern apartment features:
- Ample kitchen cupboard space
- Fashionable centre island and extractor fan
- Spacious rooms, lounge, and dining area
Includes a well sized balcony and inside fireplace.
Two secure parking bays
Investment potential:
- Prime location in busy Waterkant Street Cape Town
- Existing Commercial and residential tenant provides immediate income stream
- Opportunity to expand and increase rental income
Interested in more details or viewing?
