Property features

R22 050 000

Property Details

This large 2475m² property in Goodwood, located on the bustling Voortrekker Road, is a fantastic investment opportunity. With two large workshops and thirteen fully leased flats, it generates steady rental income from both business and residential tenants. Its ability to generate revenue is further increased by the fact that the ground-floor parking lot sections are also for lease. It is a desirable asset for both renters and investors due to its outstanding visibility and accessibility due to its location on a major main route. With plenty of opportunity to extend its commercial capacity or convert it into a contemporary mixed-use development, this property also offers fascinating redevelopment opportunities. From auto stores to workshops, its adaptability supports a variety of company types, and the expanding Goodwood neighborhood ensures long-term value. This is a fantastic opportunity to acquire a property that offers both immediate income and redevelopment potential, with tenants already in place and substantial growth prospects in the future. B Grade offices, single-phase electricity, Fibre and wheelchair-friendly