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Prime Development Opportunity Woodstock
R 8,500,000
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2 years ago265 views
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Description
SOLE MANDATE
New to the market, this strategically located building is situated on the bustling Victoria Road in the rapidly developing Woodstock corridor.
The building comprises two floors which are currently configured for a reception area, offices, showrooms and storerooms with roller shutter door access from James Street. With a zoning of GB5 and potential of two floors of extra bulk, there are multiple possibilities to develop this building for retail, wholesale, churches, student accommodation etc.
This is a rare opportunity to secure property in a very sought after area.
SOLE MANDATE
Property Reference #: CL2606
Agent Details:
Daniel Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town
New to the market, this strategically located building is situated on the bustling Victoria Road in the rapidly developing Woodstock corridor.
The building comprises two floors which are currently configured for a reception area, offices, showrooms and storerooms with roller shutter door access from James Street. With a zoning of GB5 and potential of two floors of extra bulk, there are multiple possibilities to develop this building for retail, wholesale, churches, student accommodation etc.
This is a rare opportunity to secure property in a very sought after area.
SOLE MANDATE
Property Reference #: CL2606
Agent Details:
Daniel Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town
Id Subtitle 1091886627
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Port Commercial Properties Pty Ltd
Selling for 5+ years
Total Ads793
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