Property details


Erf size:
2,551 m²


18 parking bays

Prime Development Opportunity in Parktown North

Fantastic opportunity for a Prime Residential Development on 2551m² in the heart of Parktown North. This prime Jan Smuts Avenue site, with road access on a quiet street, has a minimum density of 80 units / Hectare which would effectively allow for a minimum of 20 townhouses / apartments to be built on the site. ZONED RES 3 Size: 2551m² MINIMUM 80 UNITS / HECTARE The site is comprised of 2 Erven. PROPERTY 1 is comprised of 2 separate commercial offices: Office 1: Reception, 6 offices available in both open plan and private configuration, boardroom, 2 cloakrooms, kitchen, server room and utility area Office 2: Large open plan office, kitchen and bathroom There are 3 external storerooms, gardener's toilet, 14 secure open parking bays, 4 covered bays. The property is walled with electric gates, electric fence, alarm and external beams. PROPERTY 2 is home to a 3 bedroom house with staff accommodation and double garage, as well as a separate 1 bedroom thatch cottage with private garden and 1 secure parking. Application for high density development not yet promulgated. 1 portion of the sale is Vatable.

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