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Oct 04, 2007:
Prime located office and retail accommodation in Cape Town's Green Point area has become available in the landmark Victoria Junction building.
It is also in close proximity to the new Cape Quarter extension, which will provide 950 parking bays, 9 000sq m of retail space and 10 000sq m of offices in an area which is undergoing extensive rejuvenation.
"With extensive frontage onto Ebenezer Road, making it highly visible for retail use, this property is well situated within easy reach of arterial routes and freeways," says Selwyn Sharon, leasing, sales and investments consultant for Pam Golding Commercial, who are marketing close to 600sq m of sectional title commercial space on the ground floor of the building.
The offices comprise two units separated by a common light well or courtyard, accessible from both areas. The internal offices are subdivided into offices with boardroom, reception and storage areas and designed with expansive glassed areas maximising light.
The second area - with large windows facing onto busy Ebenezer Road, has its own separate entrance and is suitable for retail or office use. There are seven parking bays, but there is room for additional parking to be created.
"This is a very saleable asset with attractive investment potential, particularly when one considers the increasing popularity of the area and its close proximity to bustling Somerset Road. With the resurgence and revamp of Main Road, Green Point extending through to Sea Point, this location is well positioned to capitalise on sound growth potential in the future," Sharon says.
"Priced at R8,2m including VAT, the property would be ideal for an owner occupier, and has the flexibility of being able to be further subdivided if required.
"The rate per square metres - excluding parking - is just over R11k per square metre. Currently owner-occupied, the premises would be vacated on sale of the property, and available to the new owners by December 2007," says Sharon.
Image:Prime commercial accommodation is available for purchase on the ground floor of Victoria Junction in Cape Town's Green Point area.
For more information contact 082 825 3231 or send an email.
"This is a very saleable asset with attractive investment potential, particularly when one considers the increasing popularity of the area and its close proximity to bustling Somerset Road. With the resurgence and revamp of Main Road, Green Point extending through to Sea Point, this location is well positioned to capitalise on sound growth potential in the future," Sharon says. 