Commercial space in Koelenhof

Sought-after property for rare development opportunity in prime location. Rare small development opportunity to purchase a mixed-use zone property in Stellenbosch, currently zoned as light industrial and agricultural, with the possibility for a property developer to re-zone as a commercial and residential development. A feasibility study has been done on 80 residential units.

This property is located next to the upmarket Koelenbosch Estate and opposite the up-coming Devonbosch development and Nooitgedacht Village, which will provide additional commercial, office and residential offerings to the area. Around the corner there is the newly renovated Devon Place Centre with a Spar, Tops, and various other retail outlets. This property is located on the corner of the Bottelary Road and R304, with easy access to the N1- a prime location for trade and transport to Cape Town, Paarl and surrounds.

Property details:

Currently zoned as industrial and agricultural, open to be re-zoned as residential and commercial subject to pre-agreed terms and conditions.

Current workshop/storage space floor size approximately 2000m

Office building floor size approximately 700m, including reception, offices and entertainment area

Shaded parking for 22 vehicles

Secure electrified fencing of more than 550m surrounding the property

Rates and Taxes: +-R 8500/month

Topographic town planning map available on request.