700 m² Commercial space in Woodstock
Woodstock, Cape Town City Bowl, Western Cape
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Ricky Ferreira
Lencar Exclusive Properties
Details
Prime Mixed-Use Asset: Triple Net Lease & Development Upside in Woodstock Capitalize on Woodstocks rapid regeneration with this strategic Mixed-Use 2 investment. Positioned in a high-growth corridor near The Woodstock Quarter and The Ironworks, this property offers the perfect blend of secure immediate income and massive development potential.Key Investment Highlights:Anchored Income: Ground floor occupied by a National Tenant on a renewed Triple Net Lease. The tenant covers rates, utilities, and insurance, ensuring a solid net yield. Tenure is highly secure due to site-specific licensing requirements.Immediate Value-Add: The 1st floor is vacant, freshly renovated, and plug-and-play ready. The layout multiple rooms, showers, toilets, large kitchen is perfectly configured for high-demand Student Accommodation or residential conversion.Development Potential: Maximize your ROI. Current MU2 zoning allows for a height of 25 meters, permitting the addition of two extra floors.The Location:Located on the bustling Victoria Road strip, currently undergoing significant upliftment.Walking distance to Woodstock Station and serviced by all public transport modes.Seamless access to the N1, N2, and M3 highways.Summary: A rare find offering guaranteed income, immediate vacancy potential, and future air-rights development.Contact me today!
Location
Map showing the location of 700 m² Commercial space in Woodstock