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Commercial land in Naturena Hills, divided into two properties with development potential and business opportunities.
This commercial land is situated in a cul desac in the NATURENA HILLS. It is divided into two properties. One property is 1.80 Ha, which is zoned RES 4 ( READY TO BE DEVELOPED). The second property has a double storey building, and it is 1200 m2.
The vacant land is near UJ University,10 minutes from the SOWETO UJ CAMPUS. It is on the Metro bus,Reavaya, and taxi services.
The vacant land has a fantastic 360 degrees panoramic views. Should a Developer decide student accommodation it will be 216 Units and if residential it will be 76 units of 2 bedrooms.
Because of its location on the NATURENA HILLS, it has a business opportunity to crush stones. The stones can reduce the building costs. As it is site clearing, no mining license is required to crush stones. Option 1 is shares in the company to develop together. Option 2 is outright purchase.
Listed for sale at R7,000,000
Auckland Park is a vibrant and centrally located suburb offering a mix of academic institutions, residential areas, and convenient access to amenities, making it an attractive place to live.
* Distances and amenities are approximate.
