Lot 25
1 100 m² Building For Sale in Observatory, Cape Town
143 Lower Main Road, Observatory, Cape Town ZA
1100 SQM DEVELOPMENT / INVESTMENT OPPORTUNITY IN CENTRAL OBSERVATORY
A fully tenanted iconic property located just off the corner of Station & Lower Main Road, Observatory, in the heart of Observatory's retail strip, offering exposure to both Station Road and Lower Main Road.
The property's upper floors have uninterrupted views of Woodstock and Lower Observatory, this is a property well known to the seasonal travellers, students and locals within the area and the surrounding community.
It also represents a development opportunity with GB1 Zoning. It has a floor factor of 1.5 and a total permissible bulk of 1609m2. Ideal for conversion to ground floor retail and first floor student residential accommodation.
Wednesday
November 04, 2020 3:30pm SAST
https://auctions.swindon.co.za
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