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Proximity: Less than 3 kilometers from the University of the Western Cape (UWC)
Total Area: 1,932 square meters
Description:
We are pleased to present this exceptional 3-story commercial property, strategically located in the vibrant suburb of Bellville, Western Cape. This prime property offers a total floor area of 1,932 square meters, distributed evenly across three spacious levels.
Key Features:
Three Floors of Versatile Space:
Each floor is designed to accommodate a variety of commercial uses, with the potential for flexible reconfiguration. The total area of 1,932 square meters provides ample room for diverse operational needs. Ideal for Student Accommodation Conversion:
Given its proximity to the University of the Western Cape (less than 3 kilometers away), this property is ideally suited for conversion into student accommodation. The demand for student housing in this area is high, making this property a lucrative investment opportunity. Strategic Location:
Situated in the heart of Bellville, the property benefits from excellent accessibility and visibility. The location ensures ease of access for students, faculty, and staff of UWC, as well as for commercial tenants. Potential for Development:
The property's structural design allows for various redevelopment options, catering to both residential and commercial prospects. Investors can capitalize on the growing need for quality student housing by transforming the existing commercial space into modern, fully-equipped accommodation units. Surrounding Amenities:
The area boasts a wide range of amenities, including shopping centers, restaurants, and public transportation links, enhancing the property's appeal to prospective tenants. Investment Opportunity:
This property represents a unique opportunity for investors seeking to enter the student accommodation market or expand their portfolio in a high-demand area. Its substantial floor area and strategic location near UWC make it an ideal candidate for redevelopment into a profitable student housing facility.
Viewing:
For further details or to arrange a viewing, please contact our office. We look forward to assisting you in exploring this remarkable investment opportunity.
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
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