4 010 m² Commercial space in Douglasdale

Located along one of the most desirable Greenpark streets, this is a dream location for an astute, multi-dwelling developer to acquire land, packed with up-market cluster development potential.

Town Planners have on behalf of the owners, successfully facilitated removal of restrictive conditions, and subdivision of the property into Residential 2 Erven of approximately 535m each, with a central spine road of approximately 800m. Section 34 applications for the installation of stormwater, sewer, and electricity connections are due for submission.

Prospective multi-dwelling developers could contemplate building luxury, boutique type designer family homes to become a desirable micro-cluster community with only 6 front doors.

Homes here could potentially be sized from about 400m on generous, north facing leafy green stands on a gentle south to northerly slope. Plans could be customized to suit, with fittings, finishes and detailing personalized. You have direct access from a single entrance on the lovely, tree lined Malgas Avenue onto the site. A green, solar powered solution could be a significant feature to the homes if offered.

People talk about the intimacy and the community feel of this Green Park location, perfectly situated between two of Douglasdales most prestigious high-end complexes.

Coupled with the location close to Fourways, and with easy access via arterials in or out, development land must be a smart investment with highly profitable returns expected down the line.

The acquisition of 102 Malgas Avenue would typically appeal to an established, environmentally conscious property developer/contractor, with the vision and the know-how to deliver the aspirational, market desired, upmarket aesthetic in a cluster type home in Douglasdales Green Park.