Commercial property for sale in Woodstock

2 Ravenscraig Rd, Woodstock, Cape Town

1 bath · 2100 m² floor

Description

Secure a rare investment opportunity in The Iron Works, Woodstock’s iconic revitalised heritage landmark positioned along Victoria Road in the heart of the city’s creative and commercial hub. This expansive 2,100 m² retail asset offers exceptional exposure and strong income potential, ideal for investors seeking capital appreciation in one of Cape Town’s fastest-growing precincts. The property is well suited to supermarkets, department stores, furniture and homeware brands, or fashion retailers, with flexible subdivision options from 50 m² to 2,100 m² allowing for a diversified tenant mix and optimized rental returns. Blending original industrial character with modern finishes, the space features exposed brickwork, metal beams, soaring ceilings, large windows, and abundant natural light, complemented by fibre connectivity, generator backup, 24/7 security, and... Secure a rare investment opportunity in The Iron Works, Woodstock’s iconic revitalised heritage landmark positioned along Victoria Road in the heart of the city’s creative and commercial hub. This expansive 2,100 m² retail asset offers exceptional exposure and strong income potential, ideal for investors seeking capital appreciation in one of Cape Town’s fastest-growing precincts. The property is well suited to supermarkets, department stores, furniture and homeware brands, or fashion retailers, with flexible subdivision options from 50 m² to 2,100 m² allowing for a diversified tenant mix and optimized rental returns. Blending original industrial character with modern finishes, the space features exposed brickwork, metal beams, soaring ceilings, large windows, and abundant natural light, complemented by fibre connectivity, generator backup, 24/7 security, and access to adjacent green space. An additional value component includes bulk rights on the roof for a potential penthouse suite, creating further development upside and income potential. Priced at R40,550,000, this asset presents a compelling opportunity to capitalize on Woodstock’s ongoing regeneration and strong retail demand. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1900710692","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Partialfrom the listing text · 99%
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 98%
Generator
Yesfrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 97%
Armed Response
Nofrom the listing text · 95%
Boomed Area
Nofrom the listing text · 97%
Burglar Bars
Yesfrom the listing text · 94%
CCTV
Yesfrom the listing text · 96%
Electric Fence
Nofrom the listing text · 97%
Guard 24h
Yesfrom the listing text · 95%
Security Estate
Nofrom the listing text · 96%

Location

Shops and cafés within 500 m
15from open data
Exposed to coastal wind
Yesfrom open data
Estimated commute to CBD
4 minfrom open data
Crime trend
Stablefrom open data
Distance to the sea
881 mfrom open data
Nearest highway
415 mfrom open data
Nearest hospital or clinic
336 mfrom open data
Nearest primary school
443 mfrom open data
Nearest school
443 mfrom open data
Nearest high school
694 mfrom open data
Nearest station or stop
244 mfrom open data
Independent schools within 5 km
24from open data
Load-shedding block
7from open data
SAPS precinct risk
Highfrom open data
Schools within 3 km
36from open data
Under the flight path
Nofrom open data
Walkability
Very Walkablefrom open data

Market

Days on market
676 daysfrom our price history
Price change since listed
0.0%from our price history
Price per m²
R 19 286from our price history
Times relisted
0from our price history
Vs suburb median
5.42×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 97%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Yesfrom the listing text · 97%
Natural Light
Brightfrom the listing text
North Facing
Nofrom the listing text · 99%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Nonefrom the listing text · 96%
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 98%
Floor Number
0from the listing text · 99%
Furnished
Nofrom the listing text · 97%
Home Office
Nofrom the listing text · 98%
Lift Access
Nofrom the listing text · 97%
Open Plan
Nofrom the listing text · 98%
Penthouse
Nofrom the listing text · 99%
Scullery
Nofrom the listing text · 98%
Single Level
Nofrom the listing text · 89%
Staff Accommodation
Nofrom the listing text · 97%
Walk In Closet
Nofrom the listing text · 98%
Wheelchair Access
Nofrom the listing text · 97%

Outdoor

Balcony
Nofrom the listing text · 97%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Nofrom the listing text · 98%
Covered Patio
Nofrom the listing text · 98%
Established Trees
Nofrom the listing text · 98%
Garage Type
Nonefrom the listing text
Garden Size
Nonefrom the listing text
Pet Friendly
Nofrom the listing text · 98%
Pool Type
Nonefrom the listing text

Condition

Needs Tlc
Nofrom the listing text · 98%
Renovation Status
Recently Renovatedfrom the listing text · 85%

Architecture

Architecture Style
Contemporaryfrom the listing text · 99%
Double Storey
Nofrom the listing text · 98%
Original Features
Nofrom the listing text · 97%
Thatched Roof
Nofrom the listing text · 99%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 97%
Minimum lease
12from the listing text · 96%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 99%
Short Let Allowed
Nofrom the listing text · 98%
Special Levy Mentioned
Nofrom the listing text · 97%
Tenure
Sectional Titlefrom the listing text · 98%
Utilities Included
Nofrom the listing text · 97%

Connectivity

Fibre
Yesfrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 99%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Levies
R 1
Zoning
General Business
Security
Alarm System, Closed Circuit TV, Guard, 24 Hour Response
Bathrooms
1
Floor Size
2100 m²
Description
Ground Floor
Floor Number
0
Listing Date
17 November 2024
Listing Number
115229581
Street Address
2 Ravenscraig Rd, Woodstock
Rates and Taxes
R 1
Type of Property
Commercial Property
Availability Date
13 June 2026
Gross Lettable Area
2100 m²
Wheelchair Accessible
Yes