This website stores cookies on your device. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy in the footer of our website.
Accept
Mixed-Use Block- Great Returns-Student Accomodation Possible
updated on Oct 06, 2025
R 38 000 000

WEB REF: 528818

 
Property Summary
  • Price R 38 000 000
  • LocationGoodwood, Vasco Estate
  • Property TypeCommercial - Block of Flats
Description

Accepting Offers. DESCRIPTION: • 25 x (77- 81m²) apartments – can be split further • Office space • Commercial large showroom • Commercial shop • 5 x Double-garages (10 bays) • Wash bay • 10 x Open parking bays • Mechanical workshop • Sink hole ground water access • 5 x Jojo tanks • Lift Key Investment Highlights: • Excellent location along Voortrekker corridor • Situated on student transport routes • Fully sectionalised • 100 % Tenanted • Ideal for student accommodation conversion • Close to major Tertiary Institutes • Commercial office area ( potential to be converted into additional units) • 25 apartments can be further subdivided into smaller units • Ground floor commercial area & shop • Additional 900m² bulk available • Gross Floor Area: 3 154m² Gross Income: ± R4,467,678p.a. Great returns for the keen investor or developer Pre-Auction Offers excl. Claremart fee will be considered. DETAILS: • Sectional scheme name: SS Senator Sentrum • Sectional scheme no: 19/1984 • Unit (Extent): 1 (66m²) • Unit (Extent): 2 (378m²) • Unit (Extent): 3 (228m²) • Unit (Extent): 4 (142m²) • Unit (Extent): 5 ( 784m²) • Unit (Extent): 6 (77m²) • Unit (Extent): 7 (77m²) • Unit (Extent): 8 (77m²) • Unit (Extent): 9 (77m²) • Unit (Extent): 10 (81m²) • Unit (Extent): 11 (77m²) • Unit (Extent): 12 (77m²) • Unit (Extent): 13 (77m²) • Unit (Extent): 14 (77m²) • Unit (Extent): 15 (81m²) • Unit (Extent): 16 (77m²) • Unit (Extent): 17 (77m²) • Unit (Extent): 18 (77m²) • Unit (Extent): 19 (77m²) • Unit (Extent): 20 (81m²) • Unit (Extent): 21 (77m²) • Unit (Extent): 22 (77m²) • Unit (Extent): 23 (77m²) • Unit (Extent): 24 (77m²) • Unit (Extent): 25 (81m²) 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

      240 Voortrekker Road Vasco Estate Goodwood

      Contact Agent(s)

      eMail Agent(s)