Newly Renovated Ground Floor Factories WITH 400AMPS OF POWER

R 11,450,000

Can I afford this?
26 days ago65 views
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General Details
Description
It is a rare and versatile factory for sale with Mixed-Use 2 zoning which is currently being renovated and revamped. The 916sqm building consists of two rectangular factories(currently interleading)measuring 422sqm and 413sqm with an additional large store room and covered alley measuring 79sqm. The property boasts a brand-new roof, amazing height and impressive natural light, presenting a wide range of opportunities to owner-occupiers, investors and property developers. The building can be split up into 2 units measuring 413sqm and 501sqm to be rented out relatively easily,. It is also scarce to come across a building with that amount of amps/power available, especially with the proximity to the CBD being less than 3km

Basic Details:
Address: 7-11 Cornwall Street
Zoning: Mixed-Use 2
Floor Factor: 4 Coverage Allowance: 100%
POWER AVAILABLE: 400 AMPS

Another interesting point about this building is that it is situated directly across the road from the entrance to Woodstock Quarter parking, meaning there is 24-hour security right outside the property and there is an abundance of secure parking available on an hourly, daily, weekly, monthly and yearly basis. There is also a serious lack of smaller industrial units in the area and in the Western Cape in general, so with a few dividing walls and minor improvements, the new owner of this building will have a fully let-out industrial park in little to no time. The property is primely positioned in a central part of Woodstock and is within short walking distance of Woodstock Station and other public transport pick-up routes. Give me a call for more information on this amazing opportunity.

Property Reference #: CL13404

Agent Details:
Daniel Botha
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1271674452
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Estimated monthly repaymentR 124,085
Total property loan amountR 11,450,000
Total interestR 18,330,271
Total repaymentR 29,780,271
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