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R 10 000 000
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.

Commercial Property for Sale in Woodstock

1 Hollywood Bets Building, 59 Victoria Road, Woodstock, Cape Town
  • Floor Size 700 m²
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Daniel Botha

Mixed-Use Investment Property On Main Road In Woodstock

Investment property for sale on the next strip of Victoria Road to be developed and gentrified. The property is zoned as Mixed-Use 2, meaning any buyer can convert the 1st floor into accommodation or student housing, as it is already set up with multiple rooms, showers, toilets and a large kitchen. The current zoning on the property also allows for another 2 floors of building to be added, and can go up to a height of 25 meters. There is a national tenant on the ground floor that originally had a 3-year triple net lease and has renewed for another 3 years, they are doubtful to ever vacate the premises due to licensing and the tenant pays for rates, utilities and insurance on the building. Please enquire about rental income and information on the Yield. The first floor has just been renovated and cleaned up, ready for a tenant or owner-occupier to move in.

Victoria...

Investment property for sale on the next strip of Victoria Road to be developed and gentrified. The property is zoned as Mixed-Use 2, meaning any buyer can convert the 1st floor into accommodation or student housing, as it is already set up with multiple rooms, showers, toilets and a large kitchen. The current zoning on the property also allows for another 2 floors of building to be added, and can go up to a height of 25 meters. There is a national tenant on the ground floor that originally had a 3-year triple net lease and has renewed for another 3 years, they are doubtful to ever vacate the premises due to licensing and the tenant pays for rates, utilities and insurance on the building. Please enquire about rental income and information on the Yield. The first floor has just been renovated and cleaned up, ready for a tenant or owner-occupier to move in.

Victoria Road is primely positioned in the central and rapidly accessible part of Woodstock near trendy and new developments such as the impressive Woodstock Quarter, St Johns Clinic, and The Ironworks. Victoria Road is within walking distance of Woodstock Station and is utilised by all modes of public transport. The area is also easily accessible via the N1, N2 and M3 highways. For more information on this property or other options in the area, please give me a call.

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Listing number: P24-115297912, Image number: 1, Image
Listing number: P24-115297912, Image number: 2, Image
Listing number: P24-115297912, Image number: 3, Image
Listing number: P24-115297912, Image number: 4, Image
Listing number: P24-115297912, Image number: 5, Image
Listing number: P24-115297912, Image number: 6, Image
Listing number: P24-115297912, Image number: 7, Image
Listing number: P24-115297912, Image number: 8, Image
Listing number: P24-115297912, Image number: 9, Image
Property Overview
Listing Number
115297912
Type of Property
Commercial Property
Street Address
1 Hollywood Bets Building, 59 Victoria Road, Woodstock
Listing Date
03 December 2024
Erf Size
358 m²
Floor Size
700 m²
Floor Number
1
Bathrooms
10
Board Rooms
3
Kitchens
2
Power Availability
Three Phase
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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