R20,000,000

R20,000,000

5,641m² Vacant Land For Sale in Dunkeld West
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Unique Mixed-Use Residential Development Opportunity

Web Ref. RL18088
Land size 5641.00 m²
Monthly Bond Repayment
R196,328.67
Prime Location in Dunkeld West - Access is available from both 24 Bompas Road, and 21 Kent Road.

BUSINESS 1 Zoning on Stand 1, and Residential 4 Zoning on Stand 2 - the stands are next to each other and combined they are ideal for a mixed-use development!

Serious seller, negotiating all written offers!

CALL NOW FOR A VIEWING!

STAND 1 (24 Bompas Road)

- Zoning: BUSINESS 1 (Use Zone 6)
- FAR (Floor Area Ratio): 2.0 - which allows for double the building floor space relative to the plot size.
- Height: 5 Storeys (additional storey may be permitted)
- Density: 400 dwellings per hectare (max 107 units on this site at 50 sqm per unit)
- Coverage: 100 percent parking / 50 percent other structures

Mixed-use Primary Rights include:

- Business purposes
- Shops
- Residential buildings
- Place of instruction
- Hotel
- Social halls
- Restaurants
- Car sales lot/motor showrooms
- Showrooms
- Offices
- Public or private parking area
- Institutions
- Religious purposes,
- Dwelling units
- Sport and recreation clubs,
- Warehouse
- Banks/building societies
- Medical suites

STAND 2 (21 Kent Road)

- Zoning: Residential 4 Use Zone 4
- Height: 4 storeys (additional storey may be permitted)
- Coverage: 100 percent for basement parking and other structures, and 50 percent for all other structures
- FAR (Floor Area Ratio): 2.0
- Density: 400 dwellings per hectare (max of 118 permitted on this site at 50 sqm per unit)

- Primary Rights: Dwelling Units and Residential buildings with ancillary and related uses

- Secondary Rights: Religious purposes, places of instruction, childcare centre, social halls, institutions, special, buildings, sport, and recreation clubs, public or private parking areas, medical consulting rooms, guest house

There are currently a couple of small structures on the property that function as showrooms.
Monthly Rates R28,800

Features

Exterior
Pet Friendly
Security
Sizes
Land Size 5,641 m²
Listing Info
Date Listed 19-09-23

Dunkeld West, Johannesburg

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Disclaimer

While every effort will be made to ensure that the information contained within the Firzt Realty website is accurate and up to date, Firzt Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.