Unlock the full potential of this partially completeddouble-storey buildingin a high-traffic business zone.
This versatile property is situated on abusy main roadrenowned for thriving commercial activity and excellent visibility.
Ground Floor– Approved plans for a239m2space, with dedicated toilet facilities and stair access to the upper level.
Upper Floor– Approved for atwo-section development:Aspacious 3-bedroom family homewith balconies, a kitchen, lounge, and 2 bathrooms.A2-bedroom outbuildingwith kitchen, lounge, and full bathroom – ideal for rental income.
Total proposed upper-floor area:270m2
Thefoundation and first-floor walls are already constructed, offering you a solid start.
Approved Municipal Plans
Proposed F.A.R: 509m2
Proposed Coverage: 270m2
Total Submission Area: 509m2
Whether you're adeveloper,investor, orentrepreneur, this is your chance to complete a vision in one of the most commercially desirable streets.
Asking Price:R1,700 000
Reason for Sale:Seller is relocating
Property Background
The seller originally purchased the property forR900,000 in 2023and began a visionary transformation.
With a spend of R650,000so far, the foundation and walls for the ground floor have already been built. The intention was to create adual-use investment property— retail below and residential above. The approved plans by the municipality are ready to be taken to the next level by a buyer with foresight and ambition.
Calling All Visionaries to come and view.
Plans available on request.