Historic Building | Renovated to perfection | Woodstock

R 16,990,000

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1 year ago251 views
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General Details
Description
Historical building in the heart of Woodstock. This recently renovated building is the old Altona Hotel, a Landmark building with a rich history. It has been lovingly restored by its new owner, and turned into a holistic healthcare and arts centre. Situated on Victoria Road, one of two main roads that run through Woodstock.

The property spans over two erven. with two buildings that have been connected to each other. There are multiple tenants for which the leases are available on request. The building has multiple amenities including an art gallery , coffee shop , studios, a yoga studio, multiple offices for lease, and two retail shops on Victoria Road.

Property Reference #: CL2719

Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town

Id Subtitle 1125178035
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Estimated monthly repaymentR 184,122
Total property loan amountR 16,990,000
Total interestR 27,199,240
Total repaymentR 44,189,240
Interest rate at 11.75% for 20 years *
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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