770m² Warehouse For Sale in Woodstock

R8,250,000

Web Ref No CL3510

Warehouse | Drive in access | 3 phase power

This warehouse situated on a prominent corner in Woodstock is a rare find. Ideally suited to an owner occupier with drive in access and 3 phase power or a developer with potential bulk to unlock. Located in the heart of Woodstock within the Woodstock Improvement District. The property is currently divided by a brick wall with a dry wall extension, easily convertible to an open space to suit your needs. The property is zoned mixed use 2 which allows for around 3000 sqm of potential bulk which can be utilized for residential, retail, offices, or a combination of all three. This property is situated close to UCT and UWC making it ideal for student housing. Woodstock is a hub for student housing and has seen a lot of investment recently with a massive shortage of beds for students. Easy access to major routes: N1 via Lower Church Street and N2 via Searle Street. High roof height makes for easy stacking and possible extension of the mezzanine. There are three roller shutter doors for drive in access. Vacant occupation on transfer. This is a VAT applicable sale so VAT will be payable on the purchase price.

The property features a mezzanine of approximately 180 sqm with a store room, office, kitchenette, and toilets underneath the mezzanine, the total floor area is approximately 770 sqm excluding mezzanine, adding up to a total area of roughly 950 sqm.