R 12 000 000
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Commercial space in Pietermaritzburg Central
1
1.3 ha
This development opportunity is situated 6 kms from the centre of Pietermaritzburg and sits adjacent to the exciting Capital Hill estate which has had a positive market reaction. Given future projected expenditure in this area this prospect should be considered seriously.
In terms of planning, zoning regulations, and infrastructure- the development can accommodate light industrial and low impact mixed use. The population density will create high demand for retail shops and petrol stations. The estimated retail space would hold a 33% coverage and 196 parking bays.
The total development includes space for a school or crèche as well as light industrial sights.
Infrastructure for bulk services has been laid for convenience sake.
Property details
- Listing number T4593734
- Property type Commercial
- Erf size 1.3 ha
Property features
- Open Parkings 1