530 m² Commercial space in Lansdowne

The property comprises six-units, rented out for retail purposes, situated on the main road of the suburb of Lansdowne being Lansdowne Road offering good exposure to this busy main road.

The property has a good kerb appeal within this area, being located on a prominent corner site on the Lansdowne corridor.

The exterior walling is of face brick, and the building is fitted with an asbestos roof.

The property is fully tenanted on month-to-month basis.

The property comprises a single storey building encompassing 6 retail shops of which:

- 5 (161sqm/105sqm/82sqm/82sqm/79sqm) have exposure directly onto the main road of the suburb of Lansdowne being Lansdowne Road,

- and the 6th shop (28sqm) is located towards the side of the building with exposure onto Flamingo Crescent.

All units are equipped with ablution facilities.

The building covers approximately 57% of the erf area and offers ample off-site customer parking.

The erf is rectangular in shape with no distinct gradient.

TOWN PLANNING CONDITIONS:

Zoning Permitted - Special Business

Zoning Actual - Retail

Height Permitted - 3 Storeys

Height Actual - 1 Storey

FAR / Bulk Permitted - Not specified

FAR / Bulk Actual - 0.57

Sufficient street and on-site parking

Structure : Brick build.

Roof : Pitched asbestos roof

Walls : Face brick

Floors : Ceramic tiles, carpets

Glazing : Aluminium framed windows.

Lighting : Strip fluorescent lighting and low voltage down lights.

LOCALITY AND ENVIRONS:

Lansdowne is located in the southern part of the Cape Town metropole, with surrounding suburbs including Lansdowne, Hanover Park, Ottery, Kenilworth and Wynberg. Access to the area is gained via the M5 (South), with major arterials serving the area including Jan Smuts Drive, Turf Hall Road (Racecourse Road), and Lansdowne Road. Nearby amenities include: the Kenilworth Shopping Centre, and Access Park. There is a predominance of large-scale clothing manufacturers in the node, with some of the larger factories including Bibette, Viscounti, and Polo.

Lansdowne Industria is an established industrial area. There have also been a number of redevelopments in the area. A number of international companies are also evident in the node. The area is located near to the labour force and offers a good public transport. The area is also fairly centrally located, being near to major freeways such as the M7 (Vanguard Road) and the N2.

Good accessibility to highways and main arterial roads. As well as located within close proximity of the Lansdowne train station (Cape Flats line) with MyCiti bus route currently under construction.