R 53 000 000 | building property for sale in woodstock

Property Description

73 Sir Lowry Road presents an exceptional opportunity for potential purchasers, boasting a prime location in close proximity to Cape Town CBD. The vibrant Sir Lowry Road significantly enhances the value and versatility of this property. Prospective investors have a range of options at their disposal, whether it be converting it into a residential complex or transforming it into a hotel. Subsequent advancements regarding the property permit a height of 8 stories. The building is equipped with a 200-amp three-phase power supply, ensuring optimal functionality. Strategically positioned CCTV cameras provide enhanced security throughout the premises. Power inverters have been installed to guarantee uninterrupted operations. Presently, the ground floor accommodates a printing shop, featuring various office and storage components, as well as a bustling fully operational retail cafe. The rear section of the building showcases a two-story warehouse with insulated roofing and a roller shutter door that grants street access. Additionally, half of the top floor comprises a fully functional residential apartment. Woodstock is a vibrant neighborhood in Cape Town, known for its creativity, culture, and proximity to the CBD. With easy access to major transport routes and a thriving community, residents and businesses alike can enjoy all the conveniences and amenities this area has to offer. For any further inquiries, please do not hesitate to reach out to me..


Property Details

Purchase Price R 53 000 000

Building Size1200 m2

Price Per SQMR 44166 m2

Type of PropertyBuilding

ZoningMixed Use

Last Updated23 Dec 2023

General Features

SecurityYes

Three Phase PowerYes

Property Location

Similar Property in nearby suburbs

Agent

Gavin Rudolph

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