R42,965,000

Commercial for sale in Menlyn

The De Beers Suburb of the Menlyn Area is conveniently accessed via Garstfontein Road, which linkis the node with the Pretoria CBD to the west and with the suburbs east of the N1 namely Faerie Glen, Lynnwood and Garsfontein. The subject property is situated directly off the N1/Ben Schoeman Freeway via the Garstfontein interchange.

Planned and developed with people-friendly "new urbanism" principles in mind. the Menlyn Maine precinct, launched in September 2016, is envisaged to be a modern city space, with all amenities within short walking distance. The new-age development has integrated residential, commercial and retail living and the development comprises offices, a shopping area, hotels, a casino and entertainment zone. More than 500 residential apartments and a specialist hospital will be developed by the end of 2020.

Central Square, considered the heart of Menlyn Maine, offers smart luxury living, integrated entertainment and recreation facilities and is below 1 km walking distance from the subject property. Both Menlo Park Primary and Secondary Schools are located in close proximity.

The precinct boasts three bus stations, linking the Gautrain and the bus-rapid transit system taking commuters to Hatfield and Pretoria's city bus routes.

The subject property is vacant development land which forms part of the existing Sectional Title Scheme. The current developer of the scheme has been granted real rights to extend the development on the existing 8015m2 site area. The RR1 section highlighted, area 2627m2, is the subject property available for purchase and development. The land available has already been excavated for a three(3) storey basement.

Section RR2 has already been sold and developed.

Zoning allows development of

* Business building ;

* Offices ;

* Medical Consulting rooms ;

* Shops ;

* Places of refreshment ;

* a Hotel ;

* Conference Centre ;

* Place of Instruction ;

* Showrooms ;

* Dwelling-units ;

* Institution ;

* Social Halls and Places of Amusement.

Call to arrange your viewing now!

Property Type
Commercial
Stand Size
2,627m²
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commercial listed on 22 Jul 2020