Prime Mixed-Use Investment Opposite Goodwood Station | GB4 Zoning

Vasco Estate, Goodwood, Western Cape

Commercial Property

ZAR 6,195,000

• 538 sqm
• 460 m² plot

Positioned on a high-exposure corner on Voortrekker Road, directly opposite Goodwood Station, this mixed-use property offers excellent visibility, strong foot traffic, and consistent tenant demand. The building comprises two ground-floor retail shops and ten offices on the upper level, currently generating a gross monthly income of approximately R56,700, providing immediate return for investors. The total building extent includes approximately 278m² of ground floor retail space, 227m² of first-floor offices, and an additional 33m² storeroom, offering a well-balanced mix of commercial space with flexibility for future use. Asking price: R6.2 million. Seller open to reasonable offers. A key highlight of this property is its significant value-add potential. The existing office space can be converted into student accommodation to substantially increase rental income, while there is further opportunity to extend or redevelop the property to maximise bulk and overall yield. With favourable GB4 zoning, the property allows for a range of commercial and residential uses, making it ideal for investors looking to unlock future growth. Well positioned along a busy transport route and close to…