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