R8 500 000

Property features

  • R8 500 000

Property Details

Capitalize on Woodstock’s rapid regeneration with this strategic Mixed-Use 2 investment. Positioned in a high-growth corridor near The Woodstock Quarter and The Ironworks, this property offers the perfect blend of secure immediate income and massive development potential.

Key Investment Highlights:

Anchored Income: Ground floor occupied by a National Tenant on a renewed Triple Net Lease. The tenant covers rates, utilities, and insurance, ensuring a solid net yield. Tenure is highly secure due to site-specific licensing requirements.

Immediate Value-Add: The 1st floor is vacant, freshly renovated, and "plug-and-play" ready. The layout (multiple rooms, showers, toilets, large kitchen) is perfectly configured for high-demand Student Accommodation or residential conversion.

Development Potential: Maximize your ROI. Current MU2 zoning allows for a height of 25 meters, permitting the addition of two extra floors.

The Location:

Located on the bustling Victoria Road strip, currently undergoing significant upliftment.

Walking distance to Woodstock Station and serviced by all public transport modes.

Seamless access to the N1, N2, and M3 highways.

Summary: A rare find offering guaranteed income, immediate vacancy potential, and future air-rights development.

Contact me today!

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