Three Story Mixed Use Building in Bellville CBD

Multi Tenanted Building offering: Downstairs Plaze Foods, Supreme Finance and Barber Shop (Currently Tenanted).

Mix-use, this property presents a unique business opportunity, strategically located in the heart of Central Bellville's business district.
Currently, with the existing tenant in place, this property generates a net income of R2,105,088 per annum, or approximately R172,271 per month.
Currently leased to multiple tenants, providing a steady and attractive return on investment.
This mixed-use building offers 714m² of let table space, combining retail tenants on the ground floor.
Currently generating an Annual Net Income of R2,105,088.00, the property is offered at R24,495,000 (excl. VAT), providing investors with strong immediate returns and significant upside through refurbishment and repositioning.

Total Size: 1397m²
Gross Income: R2,067,252.00 Annual Net Income (ANI)
·Price: R24,495,000 (excl. VAT)

·Configuration:
Ground Floor: Fully let to retail tenants – steady income & high foot traffic

Upper Floor: Accommodation units ideal for student housing, short-term lets, or affordable rentals.
·Surrounded by retail outlets, municipal buildings, banks, and learning institutions
·Bellville continues to be a strategic growth and urban renewal node.
This is a rare chance to secure a high-income asset in a prime Bellville CBD location. With existing rental income from retail tenants and strong potential for the upper floor, the property is perfect for both immediate returns and long-term capital growth.
Whether you’re seeking a fix-and-hold redevelopment project or a stable income-generating asset, this property is strategically located in one of Cape Town’s busiest CBD corridors.
Contact me today to arrange a private discussion or viewing.

The property boasts easy access to local markets, shopping centre’s, transportation hubs, and various amenities, making it an attractive investment prospect.

For further information or to arrange a private viewing.