NEW
Web Ref CL10865
Commercial Property for Sale in Woodstock
An excellent opportunity presents itself to acquire a well-positioned retail property in the heart of Woodstock, offering strong income generation and established tenants.
The property comprises 4 individual retail units, currently occupied by a mix of businesses including a hair salon, clothing retailer, and a spaza shop/cafe. Three of the four units are currently tenanted, providing immediate rental income with additional upside potential from the remaining unit.
Property Features:
4 separate retail shops.
3 units currently tenanted.
Established tenant mix.
Monthly rental income of approximately R42 030.
Prepaid electricity meters installed.
Prepaid water meters currently being installed.
Municipal account approximately R5700 per month.
Annual net income of approximately R435 960.
Offered at R5 000 000, this property delivers an attractive 8.72% CAP rate, making it an ideal addition to an investor's portfolio. With Woodstock's continued growth and strong demand for conveniently located retail space, this asset offers both stable income and long-term value appreciation potential.
Contact TJ today for further information or to arrange a viewing.
The property comprises 4 individual retail units, currently occupied by a mix of businesses including a hair salon, clothing retailer, and a spaza shop/cafe. Three of the four units are currently tenanted, providing immediate rental income with additional upside potential from the remaining unit.
Property Features:
4 separate retail shops.
3 units currently tenanted.
Established tenant mix.
Monthly rental income of approximately R42 030.
Prepaid electricity meters installed.
Prepaid water meters currently being installed.
Municipal account approximately R5700 per month.
Annual net income of approximately R435 960.
Offered at R5 000 000, this property delivers an attractive 8.72% CAP rate, making it an ideal addition to an investor's portfolio. With Woodstock's continued growth and strong demand for conveniently located retail space, this asset offers both stable income and long-term value appreciation potential.
Contact TJ today for further information or to arrange a viewing.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
301m²
