Retail Space to Rent in Observatory
Shop 1
Shop size: 244.26 square meters
Lease amount per square meter: R90.00
Total monthly lease amount: R21 983.40
Lease type: Gross lease
Expected lease period: 1 - 3 years
Lease includes: Rates & taxes and building insurance
Lease excludes: Electricity, water, sewerage and effluent charges, refuse removal fees and building maintenance costs
The premises faces directly onto Main Road and offers a restaurant/take-away space, with a kitchen, as well as a toilet and storage space at the rear. It can also be used for any retail space.
Shop 2
Shop size: 440.32 square meters
Lease amount per square meter: R65.00
Total monthly lease amount: R28 620.80
Lease type: Gross lease
Expected lease period: 1 - 3 years
Lease includes: Rates &
taxes and building insurance
Lease excludes: Electricity, water, sewerage and effluent charges, refuse removal fees and building maintenance costs
The ideal space for a workshop, this light-industrial space has direct access from Milton Road. The workshop is double-volume, with a roller shutter access door (accessible for vehicles & small trucks). Included in the space is a mezzanine storage area.
Shop-3 is currently unavailable!
Strategically positioned at the intersection of Main Road and Milton Road in Observatory, this retail space ensures optimal visibility and accessibility, with close proximity to the N2 highway. Attributed to its proximity to the University of Cape Town, the area has a large presence of students. Additionally, the property's strategic location near Groote Schuur Hospital adds to its appeal, making this property an enticing investment opportunity for those seeking a well-connected retail space in a bustling neighborhood with a built-in audience of both students and healthcare professionals.
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