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R125,000,000

Mixed Use for sale in Foreshore

4,800m²
Development Opportunity On Foreshore.

Well positioned building available in the Foreshore, opposite the recently completed Harbour Arch development.

Very flexible zoning of MU3,which would allow for additional bulk to be developed.

Footprint is 1150 sqm.

There are 6 levels, which currently consists of retail and parking on the first 2 levels The remaining 4 floors have a rental/usable space of approximately 4800 sqm.

Floor plans are available.

The top floors have a sky light atrium and have great light and could be redesigned for communal area, corporate functions and show room space.

Each floor has its own toilets and is accessible by lifts.

This property is white boxed and is available to fit out as you require.

The zoning is a very flexible MU3 zoning.

There is room for additional development potential which depends on the current use and intended use of the additional floors

There is a development potential for residential/ hotel accommodation, enhancing the mixed-use potential of the property.

Completed nearby developments have proved to be very successful.

One high profile tenant in place, in the ground floor retail space. This will allow for development while receiving an attractive rental.

Building has generators, so loadshedding is a thing of the past.

Ideal for Call Centre, educational or training facility, conversion to accommodation, medical facility training company or large multinational company. There is a multitude of development opportunities available for this property, due to its flexible zoning.

29 parking bays available, plus additional parking available for rent, in a building across the road.

Off street parking also available.

24 Hour security system available

On site building management

Easy access to motorways, My Citi bus and public transport.

Close to tourist areas and convention centre.

Asking price is R125 000 000.00 ex VAT. This is a VAT sale, so no transfer duty is paid.

Viewing by appointment only.

Call Frances or Victoria to view the property or to discuss property requirements.

Property Type
Mixed Use
Stand Size
4,800m²
Reference
2399430
Property history
Listed for sale at R125,000,000
11 Jul 2025
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