Property description

This property is perfect location for a creche and is located just off Garsfontein Road.

The land size is 10 000m and is priced at R2 500 000.00 plus VAT. It is an excellent development opportunity Pre-school situated near the new Mega City and close to the developments like The Hills, Mooikloof, and Mooikloof extensions, Grootfontein Country Estate and Rietvlei View Country Estate.

The land has business rights and all necessary approvals are still valid, allowing for immediate construction of your school.

The land is zoned for various uses including a general dealer, cafe, bakery, building supplies, crèche, liquor store, financial institutions, community hall, hairdresser, offices, public garage, plant park, post office boxes, restaurants, butchery, and tea garden.

The conditions for exercising these rights are as follows: coverage of 30%, FAR of 0.4, height of 2 storeys, and parking of 6 bays for every 100sqm of gross rentable business floor area, and 2.5 bays for every 100sqm of gross rentable office floor area. Additionally, 4 parking bays are required for every doctor's consulting room. The property can make use of a septic tanks and soak away sewer systems.

The location of the property is ideal, only 20 minutes from Menlyn and surrounded by thousands of households within a 5km radius. 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 a prime location.