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R 7 800 000

Commercial Property for Sale in Woodstock

  • Floor Size 850 m²
Tenanted Freestanding Redevelopment Opportunity On Victoria Road

SOLE MANDATE: This heritage building is split up into 4 sections with 3 retail units facing the busy Victoria Road and a warehouse that has access via a roller shutter door on Woodlands Road. The current zoning on the building is Mixed-Use 2 and there is a substantial amount of bulk that can be added to the site. The space is ideal for a retail user that requires a distribution warehouse and additional office. The site is also prime for residential development being in close proximity to the new Woodstock Quarter and Ironworks Buildings.

There are currently 3 tenants in place paying market-related rentals. All leases have redevelopment clauses with a notice period of 3 months. Any potential buyer would be able to zero-rate the transaction on this building. This recently rejuvenated node in Woodstock is highly sought after given the atmosphere and creative hub, rapid...

SOLE MANDATE: This heritage building is split up into 4 sections with 3 retail units facing the busy Victoria Road and a warehouse that has access via a roller shutter door on Woodlands Road. The current zoning on the building is Mixed-Use 2 and there is a substantial amount of bulk that can be added to the site. The space is ideal for a retail user that requires a distribution warehouse and additional office. The site is also prime for residential development being in close proximity to the new Woodstock Quarter and Ironworks Buildings.

There are currently 3 tenants in place paying market-related rentals. All leases have redevelopment clauses with a notice period of 3 months. Any potential buyer would be able to zero-rate the transaction on this building. This recently rejuvenated node in Woodstock is highly sought after given the atmosphere and creative hub, rapid access to all major major roads and close proximity to the CBD. For more information please contact our area specialist at Annenberg.

Listing number: P24-113730142, Image number: 1
Listing number: P24-113730142, Image number: 2
Listing number: P24-113730142, Image number: 3
Listing number: P24-113730142, Image number: 4
Listing number: P24-113730142, Image number: 5
Listing number: P24-113730142, Image number: 6
Listing number: P24-113730142, Image number: 7
Listing number: P24-113730142, Image number: 8
Listing number: P24-113730142, Image number: 9
Property Overview
Listing Number
113730142
Type of Property
Commercial Property
Listing Date
04 December 2023
Erf Size
794 m²
Floor Size
850 m²
Rates and Taxes
R 7 120
Floor Number
1
Bathrooms
6
Board Rooms
1
Kitchens
3
Truck Access
Interlink
Parking
5
Multi Tenanted
No
Power Availability
Three Phase
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