R10 995 000
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ZONING : GB 1 (Mix Use).
8 Fourth Avenue
4 Bedroom House For Sale in Schaap Kraal
8 Fourth, Avenue
ZONING : GB 1 (Mix Use).
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This is a once in a lifetime development opportunity, located on a special piece of land ( 9 161m2 – newly Zoned to GB1 – Mix Use), on STRANDFONTEIN ROAD, with approved entrance/ exit road on Strandfontein Road. This is a blank canvass to develop into anything from shopping complex/ offices/ warehouse and a block of flats of about 120 units. That is not All…It can also be subdivided into 2 lots ( 5 000m2 vacant) and (4 000m2 with existing buildings, which is fully enclosed with high built brick walls):
• Main House – 296m2 – Consisting of 4 bedrooms, 3 bathrooms, fully fitted kitchen, pool and double garage. The full property is zoned business. The main house can easily be converted into accommodation, medical facility, ie. doctors, dentist, rehabilitation centre, place of worship,
• Hall/ Entertainment venue – 303m2 – Large open space, preparation room, cold storage, ablution facilities - To be utilized for functions such as weddings, parties, etc. with ample parking.
• Residential Units – 207m2 – Consists of 4 x 2 bedroom rental unit.
All the above existing properties is currently an income generating concern of R 50. 000 p.m. Make that call today to discuss this exciting opportunity with the agent that cares and know the market. The fast growing and developing Schaap Kraal property is the heart of the Southern Suburbs of Cape Town and is 10 minutes from Cape Town International Airport. . Strandfontein Road is the arterial road and in time to come will connect with N2 and R300 and convenient for public transport with a planned My City bus route. The demand for rental properties is very high and a visionary's dream opportunity.
Bond Payments | R |
Web Ref | RXPL-2206 |
Property Type | House |
Erf Size | 9161m2 |
Bedrooms | 4 |
Bathrooms | 3 |
Andy Derrocks
Sales Associate
RE/MAX Elite (Plumstead)
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