Located in the sought after Townsend Estate node, 15 Kimberley Street, Goodwood enjoys prominent visibility on Voortrekker Road and is also accessible from Kimberley Street.
The property enjoys easy access to the N1 and N2 Highways; M5 Freeway, as well as other relevant arterial roads and amenities.
The three storey building is tenanted by a car dealership on the Ground Floor, with residential units on the First and Second Floor. There is also a tenanted basement.
The General Business 4 Zoning allows for a variety of uses, and the total bulk of 1,215 m2 allows for further development and future redevelopment of the property.
The Ground Floor retail component of the property has floor to ceiling windows and sliding doors and is accessible from Voortrekker Road, as well as from Kimberley Street. There is also ample internal floor to ceiling height.
The property generates a net annual income in the region of R1,069,330, which equates to a net yield 14.2% at the full asking price.
