R30 000 027 | 3450 m2 @ R8695 per m2
View more units1933m² mixed-use 2 site for sale in Salt River, offering strong income potential and prime positioning near Salt River Circle and major arterials.
This conversion-ready property is bordered by Friend Street, Factory Road and Brickfield Road, with excellent access to the N1, N2, M3 and M5. Public transport links are equally convenient, including Salt River Station and MyCiti routes. The erf spans 1933m² with a 600m² basement (parking), 1600m² ground floor and 1250m² first floor — each with roller-shutter access. Current tenants generate about R170,000 per month (ex VAT) with redevelopment clauses in place, giving any buyer income security while planning upgrades or a full redevelopment.
The property carries Mixed-Use 2 zoning with a floor factor of 4, unlocking a total development bulk of 7732m². This makes it a rare opportunity in one of Cape Town’s strongest growth nodes, ideal for mixed-use redevelopment.
Property Features
Erf size 1933m² total
600m² basement parking
1600m² ground floor
1250m² first floor
Zoning MU2 with bulk
Income ±R170k per month
For more details or to discuss this site, please reach out to area specialist Alexis Zoumis directly.
8 Factory Road sits quietly just off Salt River’s main drag, but it doesn’t shy away from attention. The building stretches across a full city block with a raw, unmistakably urban presence — dark-painted brick, street art murals climbing the upper walls, and a no-frills confidence that speaks to the area’s industrial roots. With multiple roller shutter doors, the layout supports everything from mechanics to makers, light manufacturers to last-mile distributors. It’s not polished, but it’s purposeful — and that’s exactly why it works.
Inside, the setup is simple and serviceable. High-set windows draw in plenty of natural light, while internal volumes accommodate a mix of motor trades, fabrication workshops, and small-scale retailers. It’s not uncommon to see a scooter repair shop next to a parts supplier or a classic car being worked on behind a half-open shutter. Some tenants have tweaked their front units to include customer access or small display areas, tapping into the area’s growing foot traffic. Just around the corner, you’ve got Buco for supplies, coffee from The Creamery, and easy runs to the CBD or N1 via Victoria Road. The Mowbray and Salt River stations are close by, and there’s enough onsite parking to make logistics manageable. It’s a gritty, flexible base for small industrial players who need location, not pretense.
Internet
Wheelchair Friendly
Standalone
Natural Ventilation
Balcony
Roller Shutter Doors
Truck Articulation