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Mixed-Use Freestanding Property With Great Exposure In High Foot Traffic Zone
R 7,500,000
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2 years ago428 views
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Description
Situated in a high foot traffic zone on the bustling Sir Lowry Road, this property presents an opportunity to a wide range of users from fast food retailers to residential users. The property currently consists of 3 floors, however, another floor can be added due to the Mixed-Use 2 zoning. The ground floor is set up as a fully equipped kitchen with large shopfront windows, tiles, drainage, and extraction etc, and provides great exposure for signage and easy access for passing customers. The first and second floor consists of two large penthouses measuring approximately 150sqm each which can easily be split into 4 apartments. The penthouses both have large balconies and kitchens, ablutions, large bedrooms etc with great views. It is worth mentioning that this property presents an opportunity to buyers to live and work from home with the retail on the ground floor and residential on the first and second floors. The property is primely positioned in the rapidly accessible and central part of Woodstock and is within short walking distance to public local transport stations. The area is also easily accessible from all major arterial routes with Searle Street less than 100m away. For more information on this unit or others in the vicinity, please contact our team at Annenberg Property Group
Property Reference #: CL11071
Agent Details:
Daniel Botha
Annenberg Property Group
Office 2DMatrix8 BridgewayCentury City 7441
Bridgeway
Century City
7441
Property Reference #: CL11071
Agent Details:
Daniel Botha
Annenberg Property Group
Office 2DMatrix8 BridgewayCentury City 7441
Bridgeway
Century City
7441
Id Subtitle 1049244443
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Estimated monthly repaymentR 81,279
Total property loan amountR 7,500,000
Total interestR 12,006,728
Total repaymentR 19,506,728
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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Annenberg Property Group
Selling for 7+ years
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