R5,000,000 | 301m² Retail For Sale in Woodstock

Opportunity knocks with this iconic heritage property situated on the bustling main road in Woodstock, offering high exposure and excellent passing traffic. This mixed-use property presents a versatile investment with strong development potential and a total bulk of 1,204 m².

The property comprises four retail units, three of which are currently tenanted, while one remains vacant, providing immediate income and room for growth. Two tenants are on flexible month-to-month leases, and one tenant has a secured lease running until May 2028.

When fully let, the property generates a gross income of R39,330 per month (excl. VAT). All units are prepaid for water and electricity, ensuring ease of management.

Financial Details:

- Purchase Price: R5,000,000 (excl. VAT; may be zero-rated)
- Rates: R1,958 per month
- Local Improvement District Levy: R200 per month

With its prime location, strong rental income, heritage charm, and significant development potential, this property is ideal for investors seeking a secure, income-generating asset in one of Cape Town’s most vibrant hubs.

For more information or to arrange a viewing, contact your property agent today.