R4,999,950
Prime corner retail site for sale on busy Victoria Road, Woodstock
* Sole Mandate *
This prime corner site is well know and located in the retail and food hub of Woodstock. This node of Woodstock sees high levels of both walking and vehicle traffic with its convenient amenities and arterial road access. The node is much loved by the clients for its convenient offerings all within walking distance.
On any given day this location is a hive of activity as it offers brands such as Pedros, Debonairs Pizza, PEP stores, FNB Bank, and Shoprite to name but a few all within 100m of each other. The location is prime! The building itself has a retail component and a residential component. The property is fully tenanted and currently houses 3 retail tenants and 1 residential tenant all with great rental track records and long leases in place. These are happy tenants who enjoy the location thoroughly. The units are all metered separately with prepaid water and electricity making month to month metering easy.
The property provides a great investment opportunity "as is" with its prime location and leases in place, however there is also an opportunity for future development with over 1300 sqm of bulk available on the site with a zoning of General Business 5. Please note the property may be sold as a going concern and thus zero rated with VAT at 0%. There is also no alcohol or cannabis sold from these premises.
Contact me today to discuss or to arrange a viewing. Further info on rates, leases, income, yields, Plans, etc upon enquiry.
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
333m²
Land Size
333m²
Woodstock, Cape Town
Renowned for its artistic standing and Victorian architecture, Woodstock is also home to an array of trendy restaurants, creative media businesses and bustling markets. Modern day Woodstock is the perfect fit for the property owner looking to experience a vibrant suburb which combines a village atmosphere with a touch of city living.
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.