Disposal of 3 x sectional title Retail Units (Restaurants), and storage units to be sold jointly or separately and varying in sizes of 150sqm, 231sqm and 276sqm. Existing tenant are in lease.
Tyger Lake is a mixed-use sectional title scheme, comprising retail, commercial and residential accommodation, with an attached multi-level parkade.
The complex is built on an irregular shaped steeply sloping site, which is alongside the Tyger Waterfront lake. The steeply sloping nature of the site enables several floors of accommodation beneath road level (Niagara Road), with the ground floor level being at lakeside.
A communal boardwalk with stainless balustrades is provided around the lake, with open and covered seating areas provided in front of the ground floor restaurants, facing onto the lake.
The main entrance to the building (off Niagara Road) is located on the 3rd floor, with a central reception and security desk provided off Parkade, and with stairs leading down from Niagara Road. The building is divided into 2 blocks (Blocks A and B), with a pedestrian stairwell leading off Niagara Road down to the lakeside restaurants. There are 2 levels of residential apartments on the upper levels (with balconies facing onto the lake). Retail and Office space is primarily situated on the ground floor and 1st floor of the building, with a single elevator and central stairwell providing access to all floors.
Communal ladies and men's ablution facilities and storerooms are provided on the lower floors of the building. The building is built up against the cliff-face, with a rear internal corridor providing access to the restaurants on the ground floor level.
Rental roll and more information available on request.
**PRICE EXCLUDES VAT**
Contact Chantal Lourens to discuss or to arrange a viewing.
Property reference: 3849
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