R8 700 000
Monthly Bond Payment: R
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820m2
Commercial Property in Woodstock For Sale
Heritage Property investment with development rights! Fully tenanted retail Investment Property In Prime Location in Woodstock/ Salt River
760m2
820m2
Commercial Property in Woodstock For Sale
Heritage Property investment with development rights! Fully tenanted retail Investment Property In Prime Location in Woodstock/ Salt River
Features
Description
Don’t miss this great opportunity! So so many advantages to consider:
1. Prime Location: with high, street exposure and foot traffic
2. Fully Tenanted: Stable rental income stream from five retails units which are fully leased.
3. High Demand Area: The high demand for businesses looking to move into the area is a positive sign for potential future rental income growth. Proximity to Salt River Circle and The Old Biscuit Mill, which are popular locations, can attract more businesses and customers.
4. Development Rights: The property's Mixed-Use 2 zoning and it has development rights to go up to four floors or a maximum height of 25 meters. – Excellent redevelopment opportunity!
5. Rent Roll and Yield: Please enquire regarding the rent roll and yield calculations for the property's financial performance and return on investment accurately.
6. Concept Building Plans are available.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
| Mun. Rates & Taxes | ZAR 5,207 |
Property Details
| Web Ref | RXAW-16536 |
| Property Type | Commercial Property |
| Building Size | 760m2 |
| Erf Size | 820m2 |
Contact Agent
Boyana Kramer
Sales Associate
RE/MAX Property Associates (Table View)
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Warren Leslie
Sales Associate
RE/MAX Property Associates (Table View)
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Show number
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Book a viewing
R8 700 000
Monthly Bond Payment: R
currency
bond calculator
- ZAR
- BWP
- EUR
- GBP
- NAD
- NZD
- AUD
- USD
- ZWL
- ZMW
- MUR
Contact Agent
Book a viewing