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R30,000,000

Retail for sale in Muizenberg Central

2,500m²
"muizenberg's Big 5 Await Redevelopment "

Discover a rare development opportunity located in the vibrant heart of Muizenberg comprising of 5 properties currently operated by the owner primarily as an art gallery, event venue, restaurant and guest lodge. Seamlessly blending heritage charm with modern flair, this renovated commercial-retail space jointly spans +/-2,500 sqm and presents an array of potential uses, including retail, apartments, offices, educational institutions, and more.

Situated on a busy road, these properties benefit from excellent visibility, ensuring sustained business appeal. Ideally positioned near key amenities, including beaches, hospitals, public transportation hubs, schools, universities, and shops, this prime location offers unparalleled convenience for both tenants and customers. The historical significance of these buildings adds a unique prestige, while its sea and mountain views create an inspiring atmosphere.

This selection of properties offers zoning flexibility of B3, B1, and General Residential, with a clearance height poised for a multi-level development opportunity. Envision limitless possibilities for growth and transformation, from apartments, or luxurious hotel to a cultural hub and / or a thriving retail center. The space exudes warmth and sophistication, made ready to unlock the current potential of this historic gem, in a thriving community by the sea.

Property Type
Retail
Stand Size
2,500m²
Reference
7002001-76000
Property history
Listed for sale at R30,000,000
20 Jan 2025
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