240 VOORTREKKER ROAD, VASCO ESTATE, GOODWOOD, WESTERN CAPE

UNLOCK DUAL INCOME POTENTIAL: PRIME COMMERCIAL & RESIDENTIAL INVESTMENT

Located at 240 Voortrekker Road, Goodwood, Western Cape
• Mixed-use building offers an exceptional investment generating substantial income.
• Comprising 25 sectional title units across both commercial and residential sectors
• The property is 100% tenant based, with strong long-term leases established, some as long as 30 years.
• The owners have a waiting list of potential tenants
Commercial Units:
• The commercial component spans two levels, ground floor of 814 m², the first floor Offices of 330 m².
• This versatile space provides for large and small businesses, showrooms, retail outlets, offices, or service-based industries.
• A car dealership tenant occupied 606 m², the vehicle service center has 66 m², the finance business and the company Oskava, have all tenanted since inception, offering long-term stability and reliable rental income.
• The first-floor office spaces have two fully equipped boardrooms suitable for meetings, conferences, and corporate functions.
• There are two individual kitchenettes and staff ablution facilities, for ease of use by both commercial tenants and their employees.
• The commercial units benefit from ample roadside parking.
• The proximity to public transport further enhances accessibility, making this location ideal for businesses looking to cater to a wide audience.
•The building is equipped with a single-phase power supply (220V).
• Each commercial tenant has their own electricity and water meters.
• The property has a Water Well that supports the commercial businesses.

The First Floor, to Fifth Floor – Residential Flats & Offices:
• The residential component of the building spans the first floor to fifth floors.
• 5 flats sharing the first floor with the commercial offices.
• 20 flats on the other four floors that cater to a wide range of tenant needs.
• All the flats are two-bedroom apartments of 77 m² and 81 m².
• The building boasts a loyal and stable tenant base, with some residents living there for 18 to 24 years.
• There is a waiting list of potential tenants, indicating a popular residential apartment block
• This long-standing tenancy also reduces turnover costs and vacancy risks.
• Each flat features an open-plan living area that seamlessly integrates a lounge and dining room.
• The kitchens are well-designed with small to medium storage space, sinks, and hobs for cooking.
• Some units come equipped with ovens, adding convenience for residents who enjoy home cooking.
• Bathrooms include a shower, toilet, and wash basin.
• Each flat has Pre -Paid electricity and water meters.
• There is space for four additional income generating flats to be built
• There are storerooms that can also be leased out
• As well as five double garages to be leased out for more income

FOR MORE INFO CONTACT ANDREW ON 082 601 9278