Prime Investment Opportunity in Durbanville Central
This property presents a lucrative opportunity with an existing tenant seeking to lease the auditorium, promising a steady income stream for potential investors or buyers. Strategically located in central Durbanville, the property boasts proximity to various amenities and public transport options, enhancing its appeal and convenience.
Key Features and Potential
Zoned as Local Business 2 (LB2) with a main auditorium boasting a seating capacity of 300, this sectional title unit offers versatile potential for multiple uses. From corporate offices, coworking spaces, bed & breakfasts, churches, and training centers to consulting firms, the property caters to a diverse range of businesses. The spacious auditorium can be utilized for hosting seminars, workshops, or client presentations, adding significant value to the investment.
For property developers, this presents an excellent opportunity to reconfigure the space into multi-use areas such as retail outlets, fitness centers, or educational institutions. With permissible levels up to 4, there is ample room for creative conversions that can maximize the property's value and appeal to various tenants or buyers.
Notable Features and Layout
The property features a well-designed layout, including a ground floor lobby currently operating as a coffee shop, with future provisions for an elevator enhancing accessibility. The first floor houses the main auditorium ideal for presentations, conferences, or training sessions, complemented by five individual office spaces for additional functionality.
Moreover, the property includes essential amenities such as separate restrooms for ladies and gents, a board room, meeting room, training room, and a well-equipped kitchenette, ensuring convenience and practicality for various business operations. Overall, this property offers a compelling investment opportunity with versatile potential and strategic advantages in a prime location.
