A double storey industrial building currently occupied by a tenant, whose lease expires on 31 July 2025 is for sale.Comprising ground & 1st floors, this property faces Barron Street, Woodstock. Ground floor comprises approximately 224m², 1st floor comprises approximately 354m² measuring approximately 578m² under roof (subject to confirmation) The property has been family owned since the 1980’s. The property could potentially be incorporated into Woodstock Quarter, alternatively, could be a stand-alone development. PROPERTY INFORMATION: · Erf Number and Description Erf 10975 Cape Town · Property extent 410m² · Address 21 Barron Street Woodstock, Cape Town 7925 · Town Planning Mixed Use Zone / MU2 · Coverage 100% · Floor factor 4 · Height Restriction 25 meters · Permissible Bulk 1640m² (subject of course to any Title Deed Restriction’s, Building Lines or Servitudes) ASKING PRICE: R 6 million ( excluding VAT ) Negotiable CONDITIONS: Vacant Possession on Registration of Transfer ( current lease with tenant expires 31/07/2025) Viewing strictly by appointment! |
