A Timeless Investment: A Classic Style Block Of Flats With A Ground Floor Commercial Space And Ample

Exclusive with Pam Golding Properties

Erf Size: 498 m2
Zoning: General Business 4 (GB4)

9 Flats:
2 One Bedroom (Floor area 81 m2)
6 Two Bedroom (Floor areas are between 72 m2 and 85 m2)
1 Bachelor (Floor area 33 m2)
1 Business on Ground Level (Floor area 147 m2)

Sectionalized Title Registered Flats
Monthly Income on Flats and Businesses: Available on Request
6 Secure Parking Bays
Professional Architect on board for the consultation of remodelling or redevelopment opportunities

In the heart of Goodwood, a classic-style block of flats stands with a thriving commercial opportunity on the ground level and two floors of well-designed apartments above. This rare investment offering presents a balanced blend of lifestyle appeal and strong returns, making it a standout in the current real estate market.

At first glance, the building captures attention with its elegant, timeless façade.

The commercial component provides a dual advantage:
1. Income Stability – With reliable tenants on long-term leases, this portion of the building generates consistent revenue, insulating investors from market fluctuations.
2. Community Appeal – The presence of a business at street level fosters a lively, urban atmosphere.

Above the commercial base rise two stories of thoughtfully designed residential apartments.

Key highlights include:
• Mixed-Use Income Potential: Secure revenue streams from both residential and commercial leases.
• Prime Location: Positioned in a bustling part of town with easy access to schools, businesses, and transport routes.
• Generous Parking: Rare in this market, ensuring higher tenant satisfaction and long-term stability.
• Versatile Apartment Mix: Options that suit singles, couples, families, and retirees.

Furthermore, the demand for rental apartments continues to rise as more people seek flexible housing solutions in urban areas. The commercial spaces, with their prime location and visibility, are equally resilient, especially as small businesses and service providers seek spaces in established neighborhoods rather than sprawling new developments.

The area is highly sought after due to its proximity to major transport routes, reputable schools and tertiary institutions, hospitals and clinics, filling stations, and shopping centers. With Goodwood undergoing steady urban growth, the property presents significant development opportunities for student accommodation or high-yield rental units.

For a private viewing, don’t hesitate to get in touch with me today.