R35,000,000
Auction3 BUILDINGS INVESTMENT OPPORTUNITY WITH REDEVELOPMENT POTENTIAL
3 buildings next to The Old Biscuit Mill on Albert road in Woodstock.
12 secure parking bays
10 full time tenants with leases up to July 2024, with renewals in place.
Tenants include Postnet, The Woodstock Gin company and The Potluck club.
Current income R228 000 per month after operational expenses.
Current tenancy occupation at 8%
Full tenancy occupation at 9,5%
GLA 2133 sqm
Total size 2018 sqm
Mixed used property with possible redevelopment opportunity consisting of 4 parking levels, commercial opportunity on the ground floor, with residential apartments above.
Close to Cape Town CBD.
E&EO
Features
Exterior
Sizes
Parking Bays
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