Web Ref ORL19475
R12,995,000
Monthly Bond Repayment R134,132.88
Calculated over 20 years at 11.0% with no deposit.
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Monthly Levy
R10,296
R10,296
Monthly Rates
R7,500
R7,500
Opportunity on the Atlantic Seaboard - Prime location!
Location:
- Prime Spot: Close to V&A Waterfront, City Centre, and N1/N2 access.
- Ideal for Development: Positioned on the sought-after Atlantic Seaboard.
Property Details:
- Size: 1351 sq m.
- Floors: Three levels, offering flexible use options..
Features:
Basement:
-5 Storerooms.
-Parking for 6 to 10 cars.
-Communal bathrooms.
-Separate bachelor apartment.
-Additional secure parking for 5 cars.
First Floor:
Reception area.
Multiple offices.
Boardroom/dining area with large veranda access.
Storerooms.
Kitchen and staff canteen.
Connection to the upper floors via a sweeping spiral staircase.
Second Floor:
Additional offices.
Large patio with views.
Zoning:
General Residential GR4:
Allows conversion into multiple sectional title units.
Possibility to expand within permissible floor space limits.
Options for various consent uses.
Development Potential:
-Conversion: Transform existing structure into smaller residential units.
-Expansion: Utilize remaining permissible floor space to add value.
-Consent Uses: Explore alternative permitted uses as per zoning laws.
-Additional Information:
***Plans and Reports: Detailed architectural plans and a Town Planners report are available.***
- Prime Spot: Close to V&A Waterfront, City Centre, and N1/N2 access.
- Ideal for Development: Positioned on the sought-after Atlantic Seaboard.
Property Details:
- Size: 1351 sq m.
- Floors: Three levels, offering flexible use options..
Features:
Basement:
-5 Storerooms.
-Parking for 6 to 10 cars.
-Communal bathrooms.
-Separate bachelor apartment.
-Additional secure parking for 5 cars.
First Floor:
Reception area.
Multiple offices.
Boardroom/dining area with large veranda access.
Storerooms.
Kitchen and staff canteen.
Connection to the upper floors via a sweeping spiral staircase.
Second Floor:
Additional offices.
Large patio with views.
Zoning:
General Residential GR4:
Allows conversion into multiple sectional title units.
Possibility to expand within permissible floor space limits.
Options for various consent uses.
Development Potential:
-Conversion: Transform existing structure into smaller residential units.
-Expansion: Utilize remaining permissible floor space to add value.
-Consent Uses: Explore alternative permitted uses as per zoning laws.
-Additional Information:
***Plans and Reports: Detailed architectural plans and a Town Planners report are available.***
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchen
2
Reception Rooms
4
Furnished
No
Exterior
Garages
10
Security
Yes
Parkings
5
Flatlet
1
Domestic Accomm.
1
Pool
No
Sizes
Land Size
1,352m²
