Mixed Use for sale in Cape Town

30 St Georges Mall is centrally located in the City Centre with great access to transport links. Currently tenanted bringing in a decent yield.

The building is currently 2 stories and has the potential of going up to 12 floors. 450m2 of floor space. The second floor has high ceilings and a mezzanine level can be added.

Zoned GB7, allowed 12 floors. Plans have been drawn up to develop mixed-use development with a focus on residential apartments as per the breakdown below:

- 10 x 54m2 1 Bedroom units 540m2

- 10 x 65m2 2 Bedroom units 650m2

- 10 x 75m2 2 Bedroom units 750m2

- 1 x 138m2 Penthouse 138m2

Shops 100m2

Offices 138m2

Total bulk 2892m2

Pricing and costs (completed in 2019) have been calculated and are available on request.

There is an abundance of restaurants and retail shops which adds to the high level of foot traffic and visibility making this a very sort after area.