Property Details

Versatile Commercial Property with Excellent Development Potential in Musgrave, just off the Tollgate Bridge.

This substantial commercial property comprises two separate building blocks, currently utilised as training colleges and administrative facilities. Offering a versatile mix of office, classroom, meeting and communal spaces, the property presents an excellent opportunity for an investor, owner-occupier or education-focused user.

Block 1 offers 4 classrooms, a reception area, server room, examination room, boardroom/office space and two toilet facilities. The block also includes a canteen and dedicated student break/sitting area. Importantly, the existing structure has the potential to accommodate an additional floor, subject to AMAFA approval and compliance with applicable municipal requirements and bylaws.

Block 2, positioned above the parking area, provides additional office accommodation, 2 further rooms and toilet facilities.

The property's flexible configuration makes it suitable for a variety of commercial uses, with potential for further development or adaptation depending on the purchaser's requirements and the necessary approvals.

Purchase Price: R10,000,000 plus VAT.

With the scale and layout of the property best appreciated in person, a private viewing is highly recommended.

Contact Brendon to arrange a personal tour or to obtain further information.

Disclaimer: While every effort has been made to ensure the accuracy of the information and images contained in this advertisement, no warranty is given as to the accuracy thereof. Prospective purchasers or tenants should make their own enquiries to verify all details. Real Estate Company and its agents accept no liability for any errors, omissions, inaccuracies, or misstatements.