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R11,450,000

1 Cornwall Park

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Newly Renovated Ground Floor Factories WITH 400AMPS OF POWER

It is a rare and versatile factory for sale with Mixed-Use 2 zoning which is currently being renovated and revamped. The 916sqm building consists of two rectangular factories(currently interleading)measuring 422sqm and 413sqm with an additional large store room and covered alley measuring 79sqm. The property boasts a brand-new roof, amazing height and impressive natural light, presenting a wide range of opportunities to owner-occupiers, investors and property developers. The building can be split up into 2 units measuring 413sqm and 501sqm to be rented out relatively easily,. It is also scarce to come across a building with that amount of amps/power available, especially with the proximity to the CBD being less than 3km

Basic Details:
Address: 7-11 Cornwall Street
Zoning: Mixed-Use 2
Floor Factor: 4 Coverage Allowance: 100%
POWER AVAILABLE: 400 AMPS

Another interesting point about this building is that it is situated directly across the road from the entrance to Woodstock Quarter parking, meaning there is 24-hour security right outside the property and there is an abundance of secure parking available on an hourly, daily, weekly, monthly and yearly basis. There is also a serious lack of smaller industrial units in the area and in the Western Cape in general, so with a few dividing walls and minor improvements, the new owner of this building will have a fully let-out industrial park in little to no time. The property is primely positioned in a central part of Woodstock and is within short walking distance of Woodstock Station and other public transport pick-up routes. Give me a call for more information on this amazing opportunity.

Features

0
0
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Power Amps
400
Exterior
Security
No
Sizes
Floor Size
914m²
Land Size
914m²

Woodstock, Cape Town

Woodstock is a suburb of Cape Town, South Africa. It is located between the docks of Table Bay and the lower slopes of Devil's Peak, about 1 kilometre (0.6 mi) east of the city centre of Cape Town. Woodstock is served by Woodstock and Esplanade railway stations. By the middle of the 19th century, especially after the arrival of the railway line, Woodstock had become a fashionable seaside suburb with cottages next...
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Annenberg Property Group Celebrates Its 50th Year In Commercial And Industrial Property In Cape Town
Before you get started, where we share big news and big deals. __ It was 50 years ago in 1972 when David Annenberg founded the company. At the time, David was working for a JSE listed company, Corlett Drive...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

162,623.73

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