R35,000,000
R35,000,000
Auction3 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
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,133m²
Land Size
2,018m²
Parking Bays
Open Parking Bays
12
Get Email Alerts
Sign-up and receive Property Email Alerts of Investments for sale in Woodstock, Cape Town.
Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
