Commercial space in Woodstock

Details

The Altona Hotel is an iconic building in Woodstock, one of Cape Town''s earliest suburbs. Originally constructed in the 19th century, the building was repurposed in 1901 as a hotel and has stood the test of time with grace.By 2014, the property had fallen into disrepair and was in desperate need of care. The new owners, recognizing its potential, meticulously restored the building to its former grandeur.This refurbishment preserved key historical features like the molded ceilings, fireplaces, and yellow wood floors, while adding modern touches such as imported Italian tiles in the gallery spaces.Located at 196 and 194 Victoria Road, this fascinating property blends historical elegance with modern versatility, offering an outstanding opportunity for the savvy investor. The exterior proudly showcases its historical faade, enhanced with contemporary elements for added curb appeal.Zoning FlexibilityThe property is zoned for general business GB5 and residential use GR4, maximizing its investment potential. As a heritage building, it holds significant historical value.Property DetailsCombined Site Area: 1,466 m²Building Size: 2,106 m²Entrances: 4 separate entrances, including one for courtyard deliveriesKey FeaturesParking: 7 secure on-site spaces 3 additional dedicated off-street baysSecurity: Alarms, CCTV, electric fencing, security gates, and burglar barsCourtyard: Italian-style courtyard for peaceful breakfasts or lunchesViews: Breathtaking mountain viewsShared Amenities: Manned reception for added conveniencePhase 3 electricity in certain areas of the buildingStrategic Urban LocationSituated in bustling Woodstock, the property benefits from:High foot trafficClose proximity to public transportNearby universities and commercial hubsThis prime location ensures strong tenant demand, making it an ideal investment with potential to expand rental opportunities.Spaces Full of PotentialThis two-level building offers versatile office spaces ready to become your next creative or entrepreneurial hub. Sunlight streams through arched windows, highlighting polished wooden floors and vintage fireplaces. The reception area is a welcoming launchpad for ideas, while the exquisite original bar area provides a charming setting for networking and deals.Rooftop with a ViewAscend the staircase and discover a rooftop courtyard with stunning panoramic views of city rooftops, spires, and distant mountains. Whether it''s coffee at dawn or evening toasts under twinkling lights, the rooftop offers endless possibilities.The Courtyard OasisThe courtyard is a serene, open-air space ideal for brainstorming sessions or quiet lunches, with lush potted plants and the ambient hum of the city providing a creative haven.A Flexible Investment OpportunityThe property caters to a wide variety of uses. Imagine transforming it into:A charming boutique hotelA theatre or event venueA wedding venueA creative or education centreThriving student housingIncome-generating studios or officesEach studio or office is equipped with its own toilet, ensuring maximum convenience for tenants or guests. Additionally, the second building provides further rental income potential.A current liquor license is in place.This dynamic ecosystem makes the property a self-sustaining micro-community.Own a Piece of Woodstocks LegacyThis isnt just real estate its a chance to own a piece of history.The harmonious blend of historical charm and modern amenities makes this property a standout offering in todays competitive market.For the Visionary buyer, who sees more than just bricks and mortar seeing opportunity where others see walls.Schedule a viewing today and let this historic treasure inspire your future ventures.Serious buyers and investors only.Giuliana Biasotto, Oscar Biasotto are representatives of Real Estate Power CC TA REAL REALTY

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