It is a rare and versatile factory for sale with Mixed-Use 2 zoning which is currently being renovated and revamped. The 916sqm building consists of two rectangular factories(currently interleading)measuring 422sqm and 413sqm with an additional large store room and covered alley measuring 79sqm. The property boasts a brand-new roof, amazing height and impressive natural light, presenting a wide range of opportunities to owner-occupiers, investors and property developers. The building can be split up into 2 units measuring 413sqm and 501sqm to be rented out relatively easily,. It is also scarce to come across a building with that amount of amps/power available, especially with the proximity to the CBD being less than 3km Basic Details: Address: 7-11 Cornwall Street Zoning: Mixed-Use 2 Floor Factor: 4 Coverage Allowance: 100% POWER AVAILABLE: 400 AMPS Another interesting point about this building is that it is situated directly across the road from the entrance to Woodstock Quarter parking, meaning there is 24-hour security right outside the property and there is an abundance of secure parking available on an hourly, daily, weekly, monthly and yearly basis. There is also a serious lack of smaller industrial units in the area and in the Western Cape in general, so with a few dividing walls and minor improvements, the new owner of this building will have a fully let-out industrial park in little to no time. The property is primely positioned in a central part of Woodstock and is within short walking distance of Woodstock Station and other public transport pick-up routes. Give me a call for more information on this amazing opportunity.
Purchase Price R 11 425 000
Building Size914 m2
Price Per SQMR 12500 m2
Type of PropertyWarehouse
ZoningIndustrial
Land Size914 m2
Lease TermNegotiable
Last Updated04 Apr 2024
Bathrooms8
Three Phase PowerYes
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