Web Ref SC1623
Mixed Use Building for Sale in Maitland
Suits Redevelopment into Residential / Commercial Use or Purchase and Let to School / Place of Worship
In recent times there have been numerous redevelopment / repurposing projects in the area and this is primed for that.
GR4 zoning allows for 4-5 floors, 24m building height.
There is significant upside to this property as it currently stands, with around 540/m of top-structure to the total erven of 1784/m.
There is the remainder of a 1-year lease on the premises so the possibility exists of it being sold as a going-concern.
Notable in its current format ;
Large Hall
2 sizeable 'classrooms'
Foyer
Change-rooms
Kitchen
Close to M5/N2/N1 and arterials as well as local amenities and public transport.
Please get in touch to arrange a viewing !
In recent times there have been numerous redevelopment / repurposing projects in the area and this is primed for that.
GR4 zoning allows for 4-5 floors, 24m building height.
There is significant upside to this property as it currently stands, with around 540/m of top-structure to the total erven of 1784/m.
There is the remainder of a 1-year lease on the premises so the possibility exists of it being sold as a going-concern.
Notable in its current format ;
Large Hall
2 sizeable 'classrooms'
Foyer
Change-rooms
Kitchen
Close to M5/N2/N1 and arterials as well as local amenities and public transport.
Please get in touch to arrange a viewing !
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
540m²
Extras
24 Hour Access; 24 Hour Response
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Maitland, Cape Town
Maitland is named after Sir Peregrine Maitland (Governor 1840's) and is a major transport hub connecting the City to the eastern suburbs as well as the hinterland. Comprised of: Full title - 125 Business/Commercial, 223 Industrial zoned properties and Sectional Title 19 Business Commercial/Business and 197 Industrial units The industrial Parks are: Maitland Park Royal Park Finpark 14th and Dapper Camp Rd Hanger 17...
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Maitland in the news
Cape Town's commercial property sector booms as market bullish
Despite numerous challenges and disruptions, Cape Town's commercial real estate market has burgeoned during the past 18 months