R 140 000 000 | building property for sale in woodstock

Woodstock Exchange is a partially tenanted, well-established retail and office complex centrally located on Albert Road. It was one of the first buildings to be redeveloped during the revival and revitalization of the Woodstock business district. It's broad and considered retail offering is a huge advantage to its complement of creative businesses, and the income stream derived from these tenants can be used to sustain the initial phases of a redevelopment. Its distinctive blend of retail and office spaces, tailored specifically for artistic and creative ventures, has cultivated a dynamic environment fostering innovation and cultural enrichment. Current tenancies included prominent designers, art galleries, educational institutions, start-up labs, and artisanal crafters to name a few. This Mixed use 3 property with a floor factor of 6 and erf size of 4144m2 and total gross lettable area of 13215m2 has amazing potential for both redevelopers and investors alike looking to purchase this amazing property at a great rate. Comprising two distinct un-sectionalized blocks, WEX offers a multitude of opportunities for both tenants and investors. Block A, prominently positioned at the front of the site, boasts a four-story structure with convenient access points from Albert Road. Block B, situated at the rear of the site, comprises a five-story building which is accessible via William Street, accommodates additional ground-floor retail units, along with essential infrastructure such as storage facilities, a generator, off-site CCTV surveillance, and a security room with 24/7 security throughout the building. Within close distance to Cape Town's CBD and major public transport routes, the Woodstock Exchange is ideally located to cater as the neighborhood anchor spot for fantastic views, business activity and lifestyle convenience. For additional information on this amazing mixed-use opportunity or to arrange a viewing please feel free to contact Tyrone .