Rare small development opportunity to purchase a mixed-use zone property in Stellenbosch, currently zoned as light industrial and agricultural, with the possibility for a property developer to re-zone as a commercial and residential development. A feasibility study has been done on 80 residential units.
This property is located next to the upmarket Koelenbosch Estate and opposite the up-coming Devonbosch development and Nooitgedacht Village, which will provide additional commercial, office and residential offerings to the area. Around the corner there is the newly renovated Devon Place Centre with a Spar, Tops, and various other retail outlets. This property is located on the corner of the Bottelary Road and R304, with easy access to the N1- a prime location for trade and transport to Cape Town, Paarl and surrounds.
Property details:
• Currently zoned as industrial and agricultural, open to be re-zoned as residential and commercial subject to pre-agreed terms and conditions.
• Current workshop/storage space floor size approximately 2000m²
• Office building floor size approximately 700m², including reception, offices and entertainment area
• Shaded parking for 22 vehicles
• Secure electrified fencing of more than 550m surrounding the property
• Rates and Taxes: +-R 8500/month
• Topographic town planning map available on request.