Ideally Positioned Medical Suites and Offices in an Exceptional Victorian Building

The price includes VAT, and no transfer duty is payable. This equates to R 23 043 478 plus VAT.

Behind a lush designer garden, 12 Molteno Road's landmark Victorian presents an elegant façade and remarkable original interior features. Positioned just below Mediclinic Cape Town, overlooking De Waal Park, the City Bowl's most-loved green space, with impressive views across the city towards Table Bay and Table Mountain. The building has been thoughtfully adapted for professional, medical, dental and allied-health use while retaining most of its original character.

High decorative pressed-steel ceilings, timber floors, fireplaces, large sash windows, shutters, stained-glass details and meticulously restored victorian stoep tiles bring warmth and distinction throughout. The building unfolds through a series of beautifully proportioned rooms, currently used as interior design offices, consulting rooms, treatment rooms, workshop and sterilisation areas, and reception areas. There are four fitted kitchenettes, four WCs, four storerooms, air conditioning and a generous studio-style space suited to therapy or physical rehabilitation.

Five secure parking bays are reached through two decorative cast-iron gates. The secluded garden, filled with wild olives, star jasmine, bougainvillea, foxgloves, hydrangeas and more, leads to a water feature and a meditative sitting area. It is an unusually peaceful setting for a working building in such a central position, and a restorative environment for patients, clients and staff alike.

The property has three-phase power throughout, and an inverter and battery provide backup power to the first floor, which has its own independent external staircase. A filtration system supplied from a borehole supply all the property's water, and the irrigation can be managed via an app. The property is fully alarmed, and SANParks patrols De Waal Park for added peace of mind.

The ground floor is let to established tenants on leases running until 2028, offering an investor secure existing income. The first floor, currently a 230m² office space, offers the opportunity to unlock further value: it could be converted into two generously proportioned residential apartments with commanding views, subject to the necessary approvals.

Zoned Local Business 2 with specific provision for medical suites, interior design offices or as a dwelling house, this 500m² building on an erf of 639m² is a rare find in a sought-after Oranjezicht medical and professional precinct, offering character, flexibility and a setting that is hard to beat.