Prime Located Redevelopment Opportunity on Sir Lowry Road, Woodstock – 5,851m²
This prime-located commercial property just outside Cape Town CBD offers high visibility on Sir Lowry Road and excellent connectivity. The site comprises five buildings, ample yard space, and parking. Currently generating R164,000/month rental income, it presents an ideal opportunity to redevelop into student accommodation, affordable housing, offices, or retail.
Property Highlights:
Total Land: 5,851m²
Current Rental Income: R164,000/month
Zoning: MU2 (Mixed-Use 2) – residential, office, commercial, and retail allowed
High exposure and easy access to Cape Town CBD and surrounding areas
Five existing buildings with yard and parking
Sale Price: R90,000,000 plus VAT