R17,000,000

R17,000,000

1,452m² Building For Sale in Salt River
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Industrial building For Sale in Salt River

Web Ref. CL2504
Floor size 1452.00 m²
Monthly Bond Repayment
R155,505.68
This 1 452m² industrial property, set on a 1 410m² erf, is located in the heart of Salt River — one of Cape Town’s fastest-growing regeneration nodes. With MU2 zoning, the property offers excellent development potential, including the opportunity to create mixed-use projects such as residential apartments or student accommodation, supported by favorable bulk and sky rights.

Development Potential:
> Current land area: 1 410m²
> Zoning: MU2 (Mixed Use 2)
> Total permissible bulk: ±4 230m²
> Additional bulk beyond ground floor: ±2 820m²
> Height allowance: up to 25m (5–7 storeys possible)

Key Features:
> Student accommodation zoning in place
> Ample on-site parking and additional yard space
> Excellent exposure with signage opportunities

Centrally located near major arterial routes, train lines, and commercial hubs such as Black River Park

3 tenants currently in place (no renewal clauses), offering flexibility for owner-occupiers or redevelopment

Salt River continues to attract strong investor interest as it evolves into a vibrant mixed-use precinct. Its proximity to Cape Town CBD, public transport, and key commercial districts makes this a prime opportunity for developers and investors seeking growth in a highly strategic location.

Features

Zoning
Industrial
Interior
2 Kitchens
4 Bathrooms
Sizes
Floor Size 1,452 m²
Listing Info
Date Listed 01-09-25
Time Listed 10:21

Disclaimer

While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.