Accepting Offers.
DESCRIPTION:
An excellent opportunity to acquire a fully tenanted income-producing block in the heart of Goodwood, ideally suited for savvy investors looking to expand their portfolio.
Property Details:
• 6 Units –Each with 2 bedrooms and 1 bathroom (sizes range from 40–50m²)
• Tiled lounge with open-plan dining area
• Modern kitchens –fully fitted with electrical stoves
• Showers in all bathrooms
• Parking: 5 Bays total (2 garages & 3 open bays) development potential: Garages can be converted into 2 additional units
• Zoning: GB4 (General Business) fully tenanted –All leases in place
Location Highlights:
• 280m from Ashley’s Family Restaurant & Goodwood Mall
• 2.7km from Grand West Casino Short walk to Voortrekker Road –easy access to public transport and major routes. This well-positioned block offers stable rental income with strong growth potential in one of Cape Town’s most accessible areas.
• The gross annual income ±R592 056
• Bulk for new development 1485m²
• Un-sectionalised block
DETAILS:
• Erf no: 8485, Goodwood
• Erf size: 495m²
• Zoning: General Business 4
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.
Property Address
Goodwood Estate, Goodwood, Western Cape