Description

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.