Development Land Next To Shopping Centre, Northcliff

Extent: +/- 8 302 sqm | Zoning: Educational, Proposed New Road & Widening | Vacant occupation

WELL-LOCATED DEVELOPMENT LAND

In2Assets welcomes you to an exceptional investment opportunity nestled in the prestigious suburb of Northcliff, Johannesburg. Situated on La Gratitude Road, this property boasts a prime location and substantial development potential, making it an ideal prospect for astute investors and developers alike.

This brownfield site, securely enclosed with perimeter fencing throughout, is improved with interlocked brick paving and minimal permanent structures allowing for simple redevelopment of the overall site and is set on a ± 8 302m2 stand-alone erf in an easily accessible locality is scheduled for auction, offering a rare chance to own a distinguished commercial asset.

Key Features:

Development Potential:
Unlock the possibilities with this expansive 8302 square meter property. With its rectangular footprint and ample space, developers have the opportunity to conceptualize and create a range of residential, commercial, or mixed-use developments. Whether it’s affordable housing, commercial complexes, bespoke retail spaces, or a combination thereof, the canvas is yours to shape.

Location Advantage:
Nestled in the sought-after suburb of Northcliff, this property enjoys proximity to a plethora of amenities, ensuring convenience and accessibility for future occupants. From prestigious schools and recreational facilities to shopping centers and healthcare services, residents will have everything they need within reach.

Investment Appeal:
Given its conducive footprint and ideal locality, whether you're looking to develop for residential, commercial, or mixed-use purposes, this property presents a versatile investment opportunity tailored to diverse market demands to meet the varying needs of the population in the immediate vicinity and surrounds.

Vacant Occupation:
The property offers vacant occupation upon registration of transfer.

Conclusion:
This zoned development property represents an exciting and rate opportunity to acquire a high-yielding development site in an area primed for future growth.
With its advantageous location, conducive footprint and ideal topography, this site is poised to offer a would-be owner a chance to own a profitable and defensive portfolio asset strong future prospects.

Make this property yours through our upcoming auction sale!

Disclaimer:
All property details are subject to change and verification and the property brochure will be updated regularly. Interested parties are encouraged to attend the auction for the latest accurate and updated information.

Property Reference #: CL2027

Agent Details:
Nhlanhla Tshabalala
In2Assets Property Solutions
Suite 503
5th Floor
Strauss Daly Place
41 Richefond Circle
Ridgeside Office Park
Umhlanga Rid