POA | warehouse property for sale in goodwood central

Industrial property FOR SALE in Socony road, Goodwood/Elsies River - adjacent to Voortrekker road. ERF = 2920sqm | GLA = 2198sqm consists of 4 warehouses from 1084sqm to 155sqm. A 206sqm retail canteen, and a 68sqm flatlet. Units have 3 phase power - some with pre-paid meters. Nett income = R1.21M per annum, expenses = R210k | Expense ratio = 14.8% Zoning = General Industrial 1 | Floor Factor = 1.5 | Coverage = 75%. A potential mixed use component and the City's drive to increase densification along Voortrekker road presents an opportunity to develop residential units. Alternatively, an investment purchase can unlock rent-roll value. Well located with quick access to major arterials, airport, harbour, & with public transport at nearby train, bus & taxi stops. KEY FEATURES: - 1084sqm WAREHOUSE [Tenanted] - 3.4m Roller shutter | 3.7m Eaves height - 100A 3-phase (Prepaid meter) - Admin = reception | 2x offices | toilets | Strong-room -Warehouse = 3x toilets | change rooms | canteen - 347sqm WAREHOUSE [Tenanted] - 307sqm WAREHOUSE [Tenanted] - 206sqm RETAIL CANTEEN [Tenanted] - 155sqm WORKSHOP/WAREHOUSE [Tenanted] - 68sqm Residential Flatlet [Tenanted] - 23sqm Caretaker workshop - 8sqm Security office ADDITIONAL FEATURES -Secure gated property with small yard on Starck road side -Electrified perimeter fence [Requires servicing] -Quick access to city, harbour, Airport industria and major arterials For more information about this property or to book a viewing please contact me directly. Stealth Properties specialises in investment sales and leasing throughout the Western Cape.