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2,133m² Investment For Sale in Woodstock

R35,000,000

Web Ref No DPC116

3 BUILDINGS INVESTMENT OPPORTUNITY WITH REDEVELOPMENT POTENTIAL

3 buildings next to The Old Biscuit Mill on Albert road in Woodstock.
12 secure parking bays
10 full time tenants with leases up to July 2024, with renewals in place.
Tenants include Postnet, The Woodstock Gin company and The Potluck club.
Current income R228 000 per month after operational expenses.
Current tenancy occupation at 8%
Full tenancy occupation at 9,5%
GLA 2133 sqm
Total size 2018 sqm
Mixed used property with possible redevelopment opportunity consisting of 4 parking levels, commercial opportunity on the ground floor, with residential apartments above.
Close to Cape Town CBD.
E&EO

Features

Open Parkings 12
Zoning Commercial
Floor Size 2,133m²
Land Size 2,018m²

Broker Contact Details

Andre Swanepoel
Candidate Property Practitioner
Registered with PPRA
(FFC 121 733 1)

Cell 082 429 5550
Office (021) 5568682
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