639 m² Land available in Strubenvale
Property Details
• Location: Corner of Hatch and Crawford Street, Strubenvale
• Zoning: Business 2
• Development Potential:
o Small 2-story apartment block
o 4 double-story duplexes (plans finalized but not yet submitted to local council)
o 1 or 2 houses
o Small business premises
Market Context
One of the townhouses opposite the stand is currently on the market for over R1,000,000, indicating a strong demand for residential and commercial properties in the vicinity. This information is sourced from the Property24 website.
Conclusion
This business stand in Strubenvale Springs offers a unique opportunity for development in a growing area. With finalized plans for duplexes and a favorable zoning classification, it is ideal for investors looking to capitalize on the local real estate market.
Property details
- Listing number Z49029
- Property type Duplex
- Listing date 14 Oct 2024
- Land size 639 m²