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R 8 250 000

Commercial Property for Sale in Woodstock

108 Victoria Road, Woodstock, Cape Town

Floor Size 750 m² Erf Size 221 m²
13.9% Return: Student Accommodation Redevelopment
Centrally located on the Victoria main road with nearby Private Colleges (The Animation School, SA Maritime, Y2K, The International Hotel School) and CPUT (Cape Peninsula University of Technology).

Potential Student Accommodation conversion as follows:
- 18 x Single Student Rooms; 2 x Studio Apartments, 1 x Single Bed Apartment
- 2 Retail units on the Ground Floor
Potential Rental +- R 120 000.00 per month.

Nb. No structural or facade renovations required, only minor internal work.
* Approved to be applied for by purchaser.

The property currently has:
- 1 x Studio Apartment, 1 x Single Bed Apartment, 3 x Three Bed Apartments.
- 1 x Large Retail unit with store room, 2 x Small 20 sqm Retail units.
Current Rental R 75 000.00 per month.

All units have their own Prepaid Read more...
Listing Number
114881330
Type of Property
Commercial Property
Street Address
108 Victoria Road, Woodstock
List Date
03 September 2024
Erf Size
221 m²
Floor Area
750 m²
Rates and Taxes
R 2 100
Zoning
General Business
Gross Lettable Area
750 m²
Multi Tenanted
Yes
Number of floors
3
Nearby Public Transport
Minibus Taxi

Education

St. Agnes'S Primary
0.26km
Mountain Road Primary
0.53km
Queen'S Park High School
0.79km
Wesley Met. Practising School
0.87km
Chapel Street Primary
1.05km
Cecil Road Primary
1.10km
Holy Cross Rc Primary
1.12km
Zonnebloem Nest Senior School
1.17km
Walmer Estate Primary
1.18km
Dryden Street Prim
1.20km
Zonnebloem Boys Primary
1.26km
Walmer Secondary
1.27km
Zonnebloem Girls Prac. Sch.
1.27km
Salt River Sec
1.37km
Rahmaniyeh Mos Primary
1.57km

Food and Entertainment

KFC
0.37km
Chandrani
0.56km
Woodstock Lounge
0.61km
Jamaica me Crazy
0.64km
Don Pedro's
0.72km

Health

Woodstock Hospital
0.36km

Shopping

ABSA bank
0.42km
Standard Bank
0.53km
Standard Bank
0.76km

Transport and Public Services

Woodstock
0.53km
Glass recycling bins
0.57km
Esplanade
0.69km
Community Motors
0.95km
Salt River Fire Station
1.28km
Salt River
1.37km

Contact Agents

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Ronald Tait
Faid Schrueder

Contact Agents

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Ronald Tait
Faid Schrueder

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