R 7 900 000 | office property for sale in woodstock

Property Description

*Dual Mandate* This lovely corner property offers a variety of options to a prospective buyer with the ideal zoning as mixed use 2. The property is situated on a corner and thus offers a retail ground floor along with two floors of accommodation. The building is fully tenanted and thus offers an income generating opportunity. The structure has strong bones and thus is well positioned for a mixed development in the near future. The zoning of the property does allow for the rights to add additional floors onto the building thus unlocking value and some lovely views. The area has seen a number of developments over the last few years which was unfortunately slowed down but the Covid period. This said we are now seeing huge demand in this region as we see a large influx of people moving down to Cape Town. We are also seeing for a number of large scale developments set to take place over the coming months and years. Get your hands on this great opportunity and make your mark on this up and coming Woodstock node. Contact me for more information, rates, to discuss or to view


Property Details

Purchase Price R 7 900 000

Building Size636 m2

Price Per SQMR 12421 m2

Type of PropertyOffice

ZoningCommercial

Land Size219 m2

Last Updated18 Apr 2024

Property Location

Similar Property in nearby suburbs

Agent

Kurt Dreyer

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