Property description

This property is zoned for doctors their consulting rooms.

The land is situated just off Garsfontein Road and is 10 000m in size.

It is priced at R2 500 000.00 plus VAT.

This is a great development opportunity as it is in close proximity to the new Mega City and Estates like The Hills, Mooikloof and Mooikloof Heights and Mooikloof Glen extentions, Grootfontein Country Estate and Rietvlei view Country Estate. The land already has business rights and all the necessary approvals are still valid, so construction can start immediately.

The following uses have been approved for the land: General Dealer, Cafe and Bakery, Building Supplies, Creche, Liquor Store, Financial Institutions, Community Hall, Hair Dresser, Offices, Public Garage, Plant Park, Post Office Boxes, Restaurants, Butchery, and Tea Garden.

The conditions for exercising these rights are as follows: Coverage - 30%, FAR - 0.4, Height - 2 Storeys, Parking - 6 parking bays for every 100sqm gross rentable business floor area, and 2.5 parking bays for every 100sqm gross rentable office floor area.

For doctors consulting rooms, 4 parking bays must be provided for each room. The property is located just 20 minutes’ drive from Menlyn and within a 5km radius there are already thousands of households. With the new Mega City, this number is expected to increase to sixty thousand households.

Don't miss out on this fantastic opportunity to invest in this prime piece of land.