Business Day

Dual-zoned offices with great potential available in central Cape Town

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Four offices, with great potential, will be up for auction at the end of February, courtesy of Rawson Auctions Western Cape.

The new owner can occupy the space, rent it out or — as the offices have dual zoning — convert the space to a two- to threebedro­om apartment. A concept presentati­on of the conversion is available for viewing on request.

The 139m² property, located on the third floor of the highly regarded Oude Schuur Building in Bree Street, is fully air-conditione­d and comprises four offices, two reception areas, one kitchenett­e, a store room and two bathrooms with showers.

The offices come with preinstall­ed network points and plug and play office solutions, as well as two parking bays.

The offices are sleek and sport a modern design, while offering residents beautiful views of Table Mountain.

The potential rental income if the owner chooses to let the property is R26,000 a month.

In terms of security, the building has security at the front desk. Access to the offices via manned elevators is controlled.

“Whether the new owner keeps the property as offices or converts it into a residentia­l space, being located in renowned Bree Street is a boon for either decision.

“Bree is a perfect case of gentrifica­tion and now boasts classy boutiques and design stores. There are fantastic restaurant­s and bars located in and around Bree as well. Long Street is a stone’s throw away,” said Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.

The property will go on auction on February 27 at noon at 222 Main Road, Rondebosch (the Rawson head office).

The reserve price is available on applicatio­n.

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