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R 26 500 000

Commercial Property for Sale in Hatfield

Hatfield, Pretoria

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4 635 m²

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This versatile property presents a unique opportunity for both redevelopment and renovation. Located in a high-demand area of the existing 4635-square meter of land is in need of significant updates but offers the potential for transformation into a modern retail space, office complex, or multi-use facility. Whether you’re looking to renovate and breathe new life into this space or demolish and build something entirely new, this property offers endless possibilities.

Property Highlights:

Land Area: 4635 square meters

Current Condition: The building is structurally sound but requires extensive repairs or updates to meet modern standards.

Zoning: mixed-use (Commercial, Retail, Schooling, Housing.)

Current Use: The buildings are all vacant.

Redevelopment Potential:

Demolition Opportunity: The property is suitable for complete demolition and redevelopment, making...

Property Highlights:

Land Area: 4635 square meters

Current Condition: The building is structurally sound but requires extensive repairs or updates to meet modern standards.

Zoning: mixed-use (Commercial, Retail, Schooling, Housing.)

Current Use: The buildings are all vacant.

Redevelopment Potential:

Demolition Opportunity: The property is suitable for complete demolition and redevelopment, making it ideal for a new construction project that could maximize the potential of the prime location.

Renovation Potential: Alternatively, the building can be renovated to suit a wide range of commercial needs, including office spaces, retail stores, or even residential conversions. With the right vision, the structure could be transformed into a modern, efficient space.

Investment Highlights:

Prime Location: Situated in a growing area with the University Nearby: Located just minutes from the University of Pretoria this property benefits from a large student and faculty population, increasing foot traffic and offering potential for services targeting the academic community.

High Visibility & Traffic: Positioned on a main road with easy vehicle access, this property is visible to both pedestrians and drivers. The location is in a rapidly growing area, making it an excellent spot for retail or office space targeting professionals, students, and local residents.

Flexibility: The property offers flexibility for developers, investors, and business owners alike, with numerous options for both short-term improvements and long-term gains.

Current Condition: While the building is dated, it retains valuable structural elements that can be leveraged for renovation, or it could be cleared for a new construction project, depending on your plans.

Zero Rated Vat Transaction.

For more information or to schedule a viewing.

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Property Overview

Listing Number

115455390

Type of Property

Commercial Property

Listing Date

21 January 2025

Erf Size

4 635 m²

Floor Size

4635 m²

Special Levy

R 0

Points of Interest

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