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Commercial Property for Sale in Observatory

Floor Size 1100 m² Erf Size 1 000 m²
Income-Generating Mixed Use Retail and Residential Property for Sale
Income-Generating Building, fully occupied with retail and residential tenants.

This large standalone building, in the heart of Observatory, offers a unique opportunity to lease both retail and residential units. The property is in poor condition and will require renovation.

The ground floor has four retail units and the first floor has four spacious residential units. Each residential unit has a kitchenette, lounge area, toilet, and bedrooms. There are four private parking garages included in the rear courtyard.


We're using "Price on Application" (POA) to clarify the sales process for prospective buyers.



P.S. Not quite right? Not a problem. I have plenty of private stock that might work for you - WhatsApp me for more.
Listing Number
116358534
Type of Property
Commercial Property
List Date
25 August 2025
Erf Size
1 000 m²
Floor Area
1 100 m²
Levies
R 1
Special Levy
R 1
Rates and Taxes
R 1
Pets Allowed
Yes
Garage
10
Parking
5

Education

Observatory Junior
0.29km
Rosmeade College
0.52km
Thandokhulu Sec
0.65km
Cape Peninsula University Of Technology Mo…
0.73km
Salt River Sec
0.77km
Dryden Street Prim
1.03km
Cecil Road Primary
1.13km
Hillcrest School.
1.18km
St. George'S Grammar School.
1.21km

Food and Entertainment

Mimi's
0.11km
Diva
0.14km
Pancho's
0.15km
Scrumpy Jack
0.16km
Touch of Madness
0.16km
Mojo
0.22km
Crush
0.54km
Vida e Cafe
0.57km
The River Club
0.89km
The Wild Fig
1.06km

Health

UCT Private Academic Hospital
0.56km
Webb & Savoy
1.12km

Shopping

ABSA
0.62km

Transport and Public Services

Observatory
0.34km
Village Green Parking
0.34km
Settlers Way
0.38km
Mowbray
0.85km
Salt River Fire Station
0.85km
Mowbray Bus Station
1.04km
St. Peter's
1.10km
Mowbray SAPS
1.16km
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