Cape Town City Centre · Retail For Sale
1231 m² Retail For Sale in Cape Town City Centre
- R 19,000,000
- 1231 m²
This retail space sits prominently on Long Street in Cape Town City Centre. Long Street traditionally receives high passing foot traffic. This shop has long shop frontage on Long Street , and is situated in the Decks, a mixed use building. The Decks includes offices, retail, serviced apartments, and a multilevel parkade to rent additional bays potentially if needed.
The property is currently fitted out for a blue chip lighting company with a large retail footprint on ground floor level (522m2), and two levels of basement storage (661m2) with roller shutter access on Long Street. The unit is currently let to Eagle Lighting (A Bidvest Group Company) until 2026. The sale includes two tandem parking bays. This investment currently has a net yield of 9.66%.
Property Information & Features
- Property Type
- Retail
- Listing Type
- For Sale
- Location
- Cape Town City Centre, Cape Town
- Price
- R 19,000,000 · Get Pre-Qualified
- Price per m²
- R 15,435
- Floor Size
- 522 m²
- Erf Size
- 1231 m²
- Aircon
- Yes
- Retail Zoning
- Yes