R 8 700 000 | investment property for sale in woodstock

- This heritage property is in a prime location and offers great exposure and high foot traffic. - The property has been divided into 5 separate retail units which are all FULLY LET. - Tenants include a fabric merchant, a restaurant, a therapist, academic apparel costume hire and a motor maintenance retailer. At this price point, the property has an attractive return on investment. We are experiencing a high demand from a variety of businesses looking to move into the area, with Salt River Circle and The Old Biscuit Mill being less than 1km from the property. The building has been well kept and with the Mixed-Use 2 zoning, it has the DEVELOPMENT RIGHTS TO GO UP TO FOUR FLOORS OR TO A MAXIMUM HEIGHT OF 25 METERS, making it prime for redevelopment. Enquire for RENT ROLL, YIELD calculations and concept building plans. This recently rejuvenated node in Salt River is highly sought after, boasting recent developments including colleges, an abundance of student housing, AAA Grade office and retail spaces, and the highly anticipated AMAZON HEAD OFFICE which is currently underway at the old Riverclub. This property, in particular, is conveniently situated on Salt River Road between the bustling Victoria and Albert Roads and is rapidly accessible from near major arterial routes. For more information please contact the Annenberg Area Specialist - Daniel Botha