R 20 000 000
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5 700 m² Land available in Dunkeld West

5 700 m²

Unique Mixed-Use Residential Development Opportunity

Prime Location in Dunkeld West - Access is available from 2 streets (one busy street, one quiet street)

BUSINESS 1 Zoning on Stand 1, and Residential 4 Zoning on Stand 2 - the stands are next to each other and combined they are ideal for a mixed-use development!

Serious seller, negotiating all written offers between R20 000 000 - asking price R23 000 000

CALL NOW FOR A VIEWING!

STAND 1

- Zoning: BUSINESS 1 (Use Zone 6)

- FAR: 2.0

- Height: 5 Storeys (an additional store may be permitted)

- Density: 400 dwellings per hectare (max 107 units on this site)

- Coverage: 100 percent parking / 50 percent other structures

Mixed-use Primary Rights include:

- Business purposes

- Shops

- Residential buildings

- Place of instruction

- Hotel

- Social halls

- Restaurants

- Car sales lot/motor showrooms

- Showrooms

- Offices

- Public or private parking area

- Institutions

- Religious purposes,

- Dwelling units

- Sport and recreation clubs,

- Warehouse

- Banks/building societies

- Medical suites

STAND 2

- Zoning: Residential 4 Use Zone 4

- Height: 4 storeys (additional storey may be permitted)

- Coverage: 100 percent for basement parking and other structures, and 50 percent for all other structures

- FAR: 2.0

- Density: 400 dwellings per hectare (max of 118 permitted on this site)

- Primary Rights: Dwelling Units and Residential buildings with ancillary and related uses

- Secondary Rights: Religious purposes, places of instruction, childcare centre, social halls, institutions, special, buildings, sport, and recreation clubs, public or private parking areas, medical consulting rooms, guest house

There are currently a couple of small structures on the property that function as showrooms.

Property details

  • Listing number T4342330
  • Property type Residential Land
  • Listing date 20 Sep 2023
  • Land size 5 700 m²
  • Rates and taxes R 28 800

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