The vacant 200m² building has open-plan floor space, high ceilings characteristic of this historic Cape neighbourhood, and has shower and ablution facilities.
Mike Baigel, who is handling the sale for ClareMart, says it is ideal for reconversion and suitable for multiple uses.
“De Waterkant is a sought-after location for both residential and commercial properties. This building has excellent redevelopment potential and, for a savvy investor, could yield significant returns,” he says.