R27,000,000
Warehouse For Sale in Salt River| Developers Dream
Warehouse for sale in Salt River/Woodstock. This exciting conversion opportunity is ideally located in the heart of Salt River's mixed-use hub. Positioned close to the Salt River Circle and bordered by Friend Street, Factory Road, and Brickfield, this property offers easy access to major arterial roads such as the N1, N2, M3, and M5. Public transport is also conveniently accessible, with the Salt River Train Station and MyCiti Bus Routes nearby. The building sits on a 1933sqm erf and includes a 600sqm basement for parking, a 1600sqm ground floor, and a 1250sqm first floor, all featuring roller-shutter access. The property currently houses various tenants with redevelopment clauses in their leases, providing an income of roughly R160,000 per month (excluding VAT) while planning your development.
Zoned as mixed-use 2, this property offers a significant development potential with a floor factor of 4 and a total bulk of 7732sqm available. This zoning allows for diverse development options, making it a prime investment for those looking to capitalize on the growing demand in Salt River. Whether you aim to develop residential, commercial, or a combination of both, this property's location and existing infrastructure offer a versatile foundation for your project. Secure this unique opportunity to develop in one of Salt River's most accessible and dynamic areas.
Features
Zoning:
Mixed Use
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
3,500m²
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