R2,750,000
R2,750,000
4
Bedrooms
1
Bathrooms
7
Parkings
WALVIS BAY - CENTRAL - PERFECT DEVELOPMENT OPPORTUNITY
Web Ref.
RLS961062
Exceptional Development Opportunity!
Take advantage of this prime property offering a blend of existing structure and future potential!
Property Highlights:
Existing Structure: A 4-bedroom house currently situated on the plot, providing immediate rental income or living space while you develop.
Zoning: Recently rezoned to General Business (Bulk 2), offering a variety of development options.
Approved Plans: Building plans have been approved for the construction of 24 units, allowing you to capitalize on the location without delays.
Ownership: Property registered in a private name, simplifying the acquisition process.
Architectural Drawings: Available upon request for your review and planning.
Primary Uses:
This property offers a multitude of potential uses, including but not limited to:
Backpacker's Hostel
Block of Flats
Business Premises
Duplex Flats
Hotel or Hotel Pension
Office Premises
Parking Garage
Restaurant or Retail Space
Self-Catering Establishment
Additional Information:
Height Restriction: If registered in a Close Corporation (CC), the building height can be increased to 5 storeys, maximizing your development potential.
Density Control: In the business zone, there are no density restrictions, allowing flexibility in your development plans. However, only one dwelling unit, residential building, block of flats, or duplex flats complex is permitted per erf without Council consent.
This is an incredible opportunity for developers or investors looking to make a significant impact in a thriving area. Don’t miss your chance to seize this potential
Take advantage of this prime property offering a blend of existing structure and future potential!
Property Highlights:
Existing Structure: A 4-bedroom house currently situated on the plot, providing immediate rental income or living space while you develop.
Zoning: Recently rezoned to General Business (Bulk 2), offering a variety of development options.
Approved Plans: Building plans have been approved for the construction of 24 units, allowing you to capitalize on the location without delays.
Ownership: Property registered in a private name, simplifying the acquisition process.
Architectural Drawings: Available upon request for your review and planning.
Primary Uses:
This property offers a multitude of potential uses, including but not limited to:
Backpacker's Hostel
Block of Flats
Business Premises
Duplex Flats
Hotel or Hotel Pension
Office Premises
Parking Garage
Restaurant or Retail Space
Self-Catering Establishment
Additional Information:
Height Restriction: If registered in a Close Corporation (CC), the building height can be increased to 5 storeys, maximizing your development potential.
Density Control: In the business zone, there are no density restrictions, allowing flexibility in your development plans. However, only one dwelling unit, residential building, block of flats, or duplex flats complex is permitted per erf without Council consent.
This is an incredible opportunity for developers or investors looking to make a significant impact in a thriving area. Don’t miss your chance to seize this potential
Features
Interior
Exterior
Sizes
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
