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R 7 500 000

Commercial Property for Sale in Woodstock

Woodstock, Cape Town

Contact brokers for street address

760 m²

Contact Brokers

Boyana Kramer

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Warren Leslie - Warren Leslie & Co

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Heritage Property investment with development rights! Fully tenanted retail Investment Property In Prime Location in Woodstock/ Salt River

Don’t miss this great opportunity! So so many advantages to consider:

1. Prime Location: with high, street exposure and foot traffic

2. Fully Tenanted: Stable rental income stream from five retails units which are fully leased.

3. High Demand Area: The high demand for businesses looking to move into the area is a positive sign for potential future rental income growth. Proximity to Salt River Circle and The Old Biscuit Mill, which are popular locations, can attract more businesses and customers.

4. Development Rights: The property's Mixed-Use 2 zoning and it has development rights to go up to four floors or a maximum height of 25 meters. – Excellent redevelopment opportunity!

5. Rent Roll and Yield: Please enquire regarding the rent roll and yield calculations for the property's financial performance and return on investment accurately.

6. Concept Building...

Listing number: P24-113347105, Image number: 1

Listing number: P24-113347105, Image number: 2

Listing number: P24-113347105, Image number: 3

Property Overview

Listing Number

113347105

Type of Property

Commercial Property

Description

Retail

Listing Date

20 September 2023

Erf Size

820 m²

Floor Size

760 m²

Rates and Taxes

R 5 207

Building

Facing

Street Front

Points of Interest

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