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Quay 1 International Realty

Building · For SaleRef CL27

Prime Double-Storey Commercial Building | 227 Victoria Road, Woodstock

R 8 000 000

Woodstock, Cape Town

Key facts

Type
Building
Floor size
850 m²
Land size
434 m²
Sale is ex VAT Positioned on one of Woodstock’s busiest and most prominent intersections, this double-storey commercial building offers exceptional exposure along Victoria Road — benefiting from high levels of passing traffic and strong retail trade in a sought-after pocket of the area. The property boasts excellent street presence, enhanced by large windows facing directly onto Victoria Road, allowing for abundant natural light and outstanding signage opportunities. A key advantage of this property is its dual access configuration. In addition to the main road frontage, the building enjoys vehicle access from the rear via James Street, including hoist access — making it ideal for logistics, light industrial use, showroom operations, or a hybrid retail model. Internally, the building is fully interconnected and features high ceilings throughout, creating an open and versatile environment. Two separate stairwells provide access to the first floor, enabling multiple layout configurations and the potential to accommodate more than one tenant with ease. The structure would allow a purchaser or developer to completely open up the ground floor to create a large, open-plan showroom or trading space if desired. The property includes: Multiple toilet facilities (water and waste infrastructure throughout) One installed safe (in working order) Three-phase 80-amp power with prepaid meter Three sub-DB boards, supporting multi-tenancy or sectionalised usage Structurally, the building presents with very solid bones, with no visible cracking, indicating strong construction integrity. Zoning & Development Potential Zoned General Business 5 (GB5), the property sits on a 454m² erf with an approximate GLA of ±880m². The favourable bulk factor of 4 allows for a total permissible bulk of approximately 1,736m² — presenting significant redevelopment potential. This zoning would allow the building to be extended upward by approximately two to three additional floors (subject to approvals), making it an attractive opportunity for investors or developers looking to unlock additional value. Contact me today to discuss or view or for more info.

Good to know

What is the asking price?+

This building is on the market at R 8 000 000.

How big is it?+

The floor size is 850 m², on a 434 m² erf.

Where is it located?+

It's in Woodstock, Cape Town.

Bond repayment

Estimated monthly repayment

R 78 027

On a R 7 200 000 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 8 000 000
Transfer duty (SARS)
R 657 356
Transfer & conveyancing (est.)
R 69 250

Estimated once-off costs

R 726 606

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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