This property is currently a Warehouse building with 5 units that are partially tenanted
Property bulk available 7260sqm Zoned as Mixed Use
Woodstock benefits from being a UDZ (Urban Development Zone) which offers a very welcome tax break.
The UDZ is offered by the municipality to assist developers and smaller land purchasers in upgrading of the area, with special focus on lower LSM bracket by offering a rebate of up to 25% on purchase price and redevelopment costs as an incentive to invest in the area.
Woodstock is a key node that is easily accessible and attracts 1st time home buyers who want to benefit from the usual congested daily commute.
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Features
Zoning Mixed Use
Land Size 1,815m²
Monthly Rates R18,845.00pm Excl. VAT