Prime 3-Storey Commercial Building with Basement in Central Mowbray
This versatile 3-storey commercial building, complete with a secure basement level, is ideally situated on Caledonian Road — a well-known arterial in this sought-after commercial precinct.
Property Highlights:
* Three storeys plus basement
* Multiple office suites ideal for various business uses
* 2 ladies' bathrooms and 2 men's bathrooms, well-maintained
* Secure on-site parking for 6 vehicles, plus a basement which can be used for parking for +-4 cars or for storage
* Ample street parking available
* Zoned GB1, offering flexibility for commercial use or future development
Investment Details:
* Currently tenanted with a strong annual rental income of ±R1.3 million
* Escalation clause in lease to take effect August 2025
* Solid return on investment with future growth potential
Why Mowbray?
Located in Cape Town’s vibrant Southern Suburbs, Mowbray is known for its centrality and connectivity. The area is well serviced by public transport, popular restuarants, shopping malls and is just minutes from the CBD, Claremont, and Observatory. With easy access to the N2 and Main Road, this location is ideal for professional services, educational institutions, and growing enterprises.
Don't miss this opportunity to own a strategically located commercial asset in one of Cape Town’s most accessible business hubs.
There is an inverter installed which belongs to the tenants and is EXCLUDED from the sale - but should the buyer wish to purchase this it could possibly be negotiated.
Contact me today for more information or to arrange a viewing.
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