Mall Interchange | Development Opportunity For Sale in Somerset West

R 24,000,000

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6 months ago202 views
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For Sale By:Agency
Description
Prime Business Development Opportunity in Somerset West! Unleash the potential of 11,204 square meters of premium land at the heart of the Mall Interchange, Somerset West. This is a rare chance to secure the last developable land in this thriving commercial hub!

Strategically positioned on Ou Paardevlei Road, this General Business 1 zoned property enjoys unparalleled visibility and accessibility. Just off the N2 and R44 motorways, it offers seamless connections to Somerset West, Cape Town, and Stellenbosch. Rub shoulders with industry giants! Your neighbours include Builders Warehouse, Tafelberg Furnishers, Decofurn, Somerset West Mall, and Hirsch's. Benefit from the high foot traffic and brand synergy that comes with such esteemed company.

With over 11,000 square meters at your disposal, the possibilities are limitless. Whether you envision a commercial complex, retail haven, or a mixed-use masterpiece, this blank canvas invites you to turn dreams into reality. Somerset West is a hotbed for investment, and this property is your golden ticket to be part of the region's success story. Don't miss the chance to capitalize on the booming business landscape.

Property Reference #: KJ11204PR1

Agent Details:
Kensley Jones
API Property Group
Block 4, Portion of 1st Floor
Unit 403, De Tijger Office Park
Cnr McIntyre & Hannes Louw Drive


Id Subtitle 1241069603
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Estimated monthly repaymentR 260,090
Total property loan amountR 24,000,000
Total interestR 38,421,527
Total repaymentR 62,421,527
Interest rate at 11.75% for 20 years *
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