The iconic renovated commercial building for sale in Woodstock.

R 16,990,000

Can I afford this?
3 months ago231 views
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Description
This iconic historical building was redesigned as the Altona hotel in 1901 and was fully restored to its original condition 8 years ago, which included the full restoration to the moulded ceilings, fireplaces, yellow wood floors, as well as the laying of new imported Italian tiles to the gallery spaces.

The property consists of 2 sites, 194 and 196 Victoria Road, with a total site area of 1,466 m². The building is 2,106 m² in extent, with 4 separate entrances, where one entrance accesses the courtyard allowing for direct deliveries to the retail spaces and galleries. There are 7 parking spaces within the property, with an additional 3 dedicated secure off street parking bays. The most recent compliance certificates were issued in 2021.

This stunning commercial property is home to many artists and creative companies. The immaculate Italian styled courtyard is a secluded peaceful area for a breakfast or lunch. The tenants have wonderful mountain views, with added benefits including high-end security (alarm system, CCTV camera system through all property, electric fencing, security gates, burglar bars) and a shared maned reception area.

194 Victoria Road accommodation includes;

Retail shops facing Victoria Road (2 Units),

Art studio- 1st Floor,

storerooms / garages (x 2),

Parking secure parking (x 7),

Off-street allocated parking (x3)

196 Victoria Road accommodation includes;

Reception,

Coffee Shop with kitchen with male and female toilets,

Retail area,

Gallery with studio,

Courtyard,

Studios in the courtyard, each having private bathrooms (3 units),

First-floor workshop,

Attic workshop,

Large yoga studio with reception with female and male toilets,

Offices, each with private bathrooms (7 Units),

Large Balcony

Rates And Taxes: 12000
Levies: 3700
Property Reference #: 172

Agent Details:
Anna Green
Anna Green Properties International
Franschhoek, Cape Town

Id Subtitle 1255638900
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Estimated monthly repaymentR 184,122
Total property loan amountR 16,990,000
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Anna Green Properties International
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