2 100 m² Retail Space in Cape Town City Centre
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