Prime Commercial Zone in Westdene: Ideal for Business Offices, Student Accommodation, and More!

R 1,695,000

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7 months ago154 views
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"Attention visionary developers, construction firms, and strategic investors! An extraordinary opportunity awaits in the vibrant heart of Westdene, strategically situated near UJ and Auckland Park. Presenting a double stand that unfolds a myriad of possibilities, precisely crafted to meet the dynamic demands of contemporary urban development.
This expansive canvas beckons for transformation into a cutting-edge complex, custom-designed for student accommodationâ??aligning seamlessly with the evolving pulse of modern lifestyles. Whether envisioned as chic retail spaces or contemporary offices, this property offers versatility and adaptability. The existing structure on-site, open to either renovation or demolition, provides the opportunity to inject a personalized touch that mirrors your unique taste and style.
Spanning an impressive 1876 square meters, this double stand is a rare gem, meticulously poised for commercial development. With a height zone of 3 and a coverage allowance of 50% specifically tailored for student accommodation, the property ensures a smooth transition for your visionary projects. Municipal services, including water and electricity, are readily available, streamlining the development process and guaranteeing the seamless realization of your ambitious endeavors.
This is an exclusive invitation for you to shape the Westdene landscape and make a lasting impact on the community. The double stand is presented in its current state, providing an expansive canvas for your innovative concepts to flourish. Take the first step towards this extraordinary opportunityâ??reach out to the agent now to schedule a viewing and commence the journey of turning potential into reality."

Property Reference #: 7002001-38616

Agent Details:
Andries Mashego
EXP Realty
South Africa

Id Subtitle 1236059642
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Estimated monthly repaymentR 18,369
Total property loan amountR 1,695,000
Total interestR 2,713,521
Total repaymentR 4,408,521
Interest rate at 11.75% for 20 years *
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EXP Realty
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