R 7 500 000
760 m² Commercial space in Woodstock
Dont 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 Plans are available.
Property details
- Listing number T4618669
- Property type Commercial
- Erf size 820 m²
- Floor size 760 m²
- Rates and taxes R 5 207