R 3 495 000 | building property for sale in woodstock

This unique stand-alone building is ideal for any investor looking to tap into the Cape Town commercial property market. There is a 3-year lease in place with a national security company, which commenced on the 1st of June 2023 and expires on the 31st of May 2026. The tenant is currently paying R25,000 excl VAT per month which escalates by 7% to R26,750 excl VAT on 1 June 2024 building has great exposure to Roodebloem Road and is surrounded by popular restaurants and delis such as Jamaica Me Crazy, The Hog & Rose and The Woodstock Lounge. The 210 sqm building consists of two floors and terraces/balconies which sit on an Erf size of 153 sqm. The office space is equipped with air conditioning throughout, toilets with a shower and a kitchenette. It also has a full alarm system with an intercom and security gates. The entire space boasts great natural lighting as there are large windows on each side of the building. For information please contact Daniel