- 4
- 2
- 2
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Mun. Rates & Taxes: ZAR 12000.00
Monthly Levy: ZAR 0.00
Special Levies: ZAR 0.00
Property description
An exceptional investment opportunity awaits in a highly sought-after location, offering substantial development potential for developers and investors looking to unlock the full value of a well-positioned property.
Situated on a generous 1,276 m² stand, this unique commercial property offers an existing combination of residential and office accommodation, providing an excellent foundation for future redevelopment, subject to the necessary zoning, planning approvals and municipal regulations.
The property currently comprises:
4 loft units already established on the property.
1 freestanding house.
1 office building.
1 bungalow.
With a total under-roof area of approximately 400 m², the property offers an existing multi-unit setup with further potential for developers seeking to maximise the use of the site in a high-demand area.
Additional features include 9 bedrooms, 7 bathrooms, 1 garage and 7 additional parking spaces. The property is also equipped with backup power, a solar geyser, air conditioning, ceiling fans, a gas stove, an alarm system, electric fencing, security gates, burglar bars and 24-hour security.
Electricity is prepaid, while water is billed through conventional municipal billing. Monthly rates and taxes are approximately R12,000.
Why This Property?
The combination of location, stand size and existing structures makes this an attractive prospect for developers and investors with a vision for future growth. Whether exploring redevelopment, expansion or alternative investment opportunities, this property presents the chance to acquire a substantial asset in an area where location is key.
Asking Price: R12,000,000
Developers, investors and visionary buyers - this is an opportunity to explore the possibilities of a prime property with significant development potential.
All future development opportunities are subject to the applicable zoning, municipal regulations and required approvals. Interested parties are encouraged to conduct their own due diligence.
Property Details
- 4 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Aircon
- Pets Allowed
- Access Gate
- Alarm
- Kitchen
- Lapa
- Paving
- Garden
| Bedrooms | 4 |
| Bathrooms | 2 |
| Garages | 2 |
Contact the Agent
Christa Pretorius
Candidate Property Practitioner
Christo Botes
Candidate Property Practitioner
