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R 2 900 000

House for Sale in Newlands

Newlands, Johannesburg

Contact agent for street address

1 980 m²
- m²: 1 980 m²
- Hectares: 0.198 ha
- Acres: 0.489 acres

Contact Agent

Thukela Mdingane

Show Contact Number

Retail redevelopment opportunity: (namec) four adjoined freehold houses in newlands joburg - for sale

We have an interesting Retail Re-Development Opportunity in the heart of Newlands, Joburg. This four-pack portfolio offers a unique opportunity to in the densely populated suburb of Newlands, Johannesburg. Located on Du Preez Road are Erf 1483 + Erf 1481 & on Garden Road are Erf 1480+ Erf 1482. Together these properties make up a consolidated stand size of 1980 sqm. With Res 1 Zoning, the site will require rezoning. Currently commercial activity is being undertaken on a daily basis on the premises.

Typically, small retail and flee market type set up. This property could be so much more than what's currently happening. Bond Finance should be feasible with some deposit. The estimated GLA is 1100 sqm. With potential for a height restriction of the 3 storys, the bulk available is in access of 2500 sqm. Meaning, there are possibilities. The property is SOLD as it...

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Property Overview

Listing Number

115413111

Type of Property

House

Listing Date

13 January 2025

Erf Size

1 980 m²

Rates and Taxes

R 2 500

Points of Interest

Bond Calculator

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