R 40 500 000
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2 100 m² Retail Space in Cape Town City Centre

1 2 100 m²

Heritage Retail[removed]Office Space in The Iron Works, Woodstock, Cape Town

Sole Mandate

Exclusive Investment Opportunity: The Iron Works, Woodstock

Seize the chance to acquire a prized commercial asset in the heart of Woodstock''s vibrant creative hub. This exceptional 2,100m retail property, situated within the revitalized heritage landmark, The Iron Works, offers a rare opportunity for savvy investors to capitalize on the area''s rapid growth and booming retail scene.

Property Details:

Size: 2,100m of prime retail space

Price: R40,550,000

Additional Value: Includes bulk on the roof for a penthouse suite (details available on request)

Investment Highlights:

Unbeatable location: Victoria Road, surrounded by art galleries, design studios, and innovative startups

High-demand retail space: Ideal for supermarkets, department stores, furniture and homeware stores, and fashion brands

Multiple rental options: Flexible spaces available from 50m to 2,100m, catering to various retail and commercial needs

Strong rental income potential: Attract premium tenants and capitalize on the area''s growing popularity

Value-added opportunity: Develop the rooftop penthouse suite for additional income or owner-occupier use

Potential for High ROI:

Capital appreciation: Benefit from Woodstock''s ongoing revitalization and growing commercial demand

Rental yield: Attractive rental income from a diverse tenant mix

Tax benefits: Claim depreciation and other tax advantages

Heritage Features and Modern Amenities:

Original Industrial Elements: Exposed brick, metal beams, and reclaimed wood accents

Contemporary Finishes: Sleek, modern design elements throughout

Historic Charm: Soaring ceiling heights, large windows, and abundant natural light

24/7 Security: Ensuring peace of mind and convenience

Fibre Connectivity: High-speed internet for seamless operations

Generator Backup: Reliable power supply

Recreational Park: Adjacent green space for relaxation and team-building

Don''t miss this exceptional opportunity to secure a prime commercial property with vast potential for growth and returns. Arrange a viewing today and capitalize on Woodstock''s thriving retail market!

Contact us for:

Full property details

Financial projections and rental income potential

Information on rooftop penthouse suite development opportunities

Property details

  • Listing number T4869691
  • Property type Retail
  • Listing date 17 Nov 2024
  • Floor size 2 100 m²
  • Rates and taxes R 1
  • Levies R 1

Property features

  • Bathrooms 1

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