Re-Development opportunity in Established Area

This property forms part of the 5th of December 2024 Telkom property portfolio auction sale and offers great potential for redevelopment

Property Highlights
This landmark building, situated on Salt River Road, has been servicing Telkom for many years as a transmission hub and telephone exchange.

The main structure is a two-storey building block that is joined by two semidetached ground-floor buildings.
The building is of sound nature and offers a total of ± 3 187 m² general building area. The zoning allows for Residential 4 plus a Mixed-use component with potential flats on the upper floors and retail on the ground floor section. There are 8 lockable garages accessible via a secure yard area.

Property Location
Woodstock, a vibrant and historic suburb of Cape Town, has undergone a remarkable transformation in recent years. Once an industrial hub, it has evolved into a trendy and creative district, attracting artists, designers, and entrepreneurs.

The area is characterized by its unique blend of old and new, with historic buildings and warehouses repurposed into stylish cafes, art galleries, and boutique shops. The streets of Woodstock are filled with colorful murals, street art, and creative installations, reflecting the district's artistic spirit.

Woodstock is also known for its diverse culinary scene, offering a wide range of dining options, from trendy cafes and bistros to gourmet restaurants. The suburb's central location makes it easily accessible to other parts of Cape Town, with good public transportation options and major roads nearby.

Disclaimer
Please note that when this was published, there was very limited information on the property available. We will update the latest information as soon as we have gathered more details.