Landmark Sunbel Building in the Heart of Bellville CBD
3 Old Paarl Road, Bellville CBD, Cape Town, Western Cape
Landmark Property in the Heart of Bellville CBD, which falls within the Voortrekker Road CID
Prime location situated directly opposite the Sanlam Head Office and in close proximity to major arterial road networks and supporting amenities
Prime conversion opportunity with multiple land-use options available with GB4 zoning. The property also offers a great design with lift shafts running through the core of the building and foyer which leads into a flexible floor plate design on each floor level
Panoramic, 360 Degree, views of Cape Town. The building offers an abundance of natural light with windows installed around the circumference of the property
Currently mixed-use offering with retail on the ground floor and a commercial office tower above. The property also offers ample open and basement parking
A unique opportunity to acquire one of Cape Town's most iconic properties. With a land size of 1,309Ha and a current GLA of 19 701,5m² and with a height of 13 storeys, the asset currently has a significant impact on the Bellville CBD. The asset is located in a prime position with significant exposure and is directly opposite the Sanlam Head Office.
An investor/developer now has the very rare opportunity to not only acquire this property via our auction platform but to also unlock significant value as the property is zoned GB4 and therefore offers a multitude of land use options. Furthermore, by virtue of the nature of the asset, the new owner will have an opportunity to significantly and positively impact the lives of many people for generations to come.
This is not just a normal property transaction - it is one of the most prime opportunities available to investors in the South African property market.
*This is a non binding intention to make an offer on a property very similar to a verbal offer. We will present all these offers to the seller even if it’s below reserve price. If the seller is willing to look at your offer then you will be given the opportunity to make a formal offer.