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Multi-tenant investment property | Student housing development | Woodstock
R 10,500,000
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Description
Thoughtfully maintained and recently renovated multi-tenant investment property in Woodstock in trendy Aberdeen Street. The property consists of a Victorian House at the entrance which has a heritage rating, and another two free-standing buildings which house 8 tenants. This charming investment property is fully let to long term tenants (rental roll available upon request). It has a mixed use 2 zoning which includes student accommodation, residential use, and office use. The Seller has had architecturally designed plans for student accommodation drawn which are available on request. This property is listed exclusive of VAT.
Located on spacious grounds, the property currently offers ample parking spaces. There are two apartments located on the first floor, and once you reach this level, you'll be impressed by the mountain views. There is an Info pack is available on request.
Property Reference #: CL3384
Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town
Located on spacious grounds, the property currently offers ample parking spaces. There are two apartments located on the first floor, and once you reach this level, you'll be impressed by the mountain views. There is an Info pack is available on request.
Property Reference #: CL3384
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 1271958550
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Estimated monthly repaymentR 113,790
Total property loan amountR 10,500,000
Total interestR 16,809,418
Total repaymentR 27,309,418
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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