Prime Mixed-Use Heritage Property for Sale – 75 Victoria Road, Woodstock, Cape Town
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.
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.
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Disclaimer
While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
