Property Overview
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- Size:
- 13,412 sq ft / 1,246 sq m
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- Usage:
- B1, B2, B8
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- Sale Type:
- For Sale
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- Rental Income:
- N/A
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- Property Type:
- Workshops
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- Auction:
- No
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- Development Opportunity:
- No
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- Investment Opportunity:
- No
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- Tenanted:
- N/A
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- Energy Rating:
- N/A
General Summary
industrially zoned land, with a house and workshop, inclusive of the business and assets for sale
Industrially zoned land, with a house and workshop, inclusive of the Business and assets for sale. Philippi is seen by government and businesses as ideal for certain business related developments. Although it is also known to grow about 80% of Cape Town's vegetables in the farmland just outside the township, this area of Philippi is slated for a number of large developments including the 'Philippi Mini-City'. The property currently is within a mixed residential and newly rezoned general industrial-use pocket in Highlands Estate. The extent of the building is approximately 444m² comprising of a house (+/-180m²) and a workshop (+/-264m²)
Size:
The property extent measures 1246m²
Asking Price:
The asking price of R2 250 000 ex. Vat for the property and the business as an entity, inclusive of the assets of the business. The premises are within close proximity of the bus and taxi routes. Easy access via Vanguard Drive (N7) and Lansdowne Road to all major arterial routes – the N2, M5, R300 and N1. The last adjacent erf to the Sportmans Warehouse distribution centre and the Sheffield business park development that is set to become the Western Cape’s newest leading-edge front-line multi-use commercial node. Good investment opportunity. The value lies in the industrially zoned land, with the bonus of an established business and workshop.
