Unique Mixed-Use Residential Development Opportunity
Prime Location in Dunkeld West - Access is available from 2 streets (one busy street, one quiet street)
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 from R16 000 000 and more - asking price R23 000 000
CALL NOW FOR A VIEWING!
STAND 1
- Zoning: BUSINESS 1 (Use Zone 6) - FAR: 2.0 - Height: 5 Storeys (an additional store may be permitted) - Density: 400 dwellings per hectare (max 107 units on this site) - 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
- 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: 2.0 - Density: 400 dwellings per hectare (max of 118 permitted on this site)
- 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.
Sign-up and receive Property Email Alerts of Vacant Land for sale in Dunkeld West, Johannesburg.
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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
