R 7 380 000
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2 428 m² Land available in Paarl Central East

2 428 m²

DEVELOPERS - Unique opportunity to invest in a a prime piece of 2428m land.

This corner erf is well positioned in the CBD close to Medical Facilities and in walking distance to amenities. It is currently

zoned Neighborhood Business Zone, with consent for use as a Warehouse Facility with many other possible uses.

With the shortage of housing close to town and transport, this will be perfect for a Residential Development.

Warehouse one is 500m, mostly a zinc building. The second Warehouse is brick and larger than the first Warehouse.

The plot, with stunning views in every direction, is fenced with more than 1000m of vacant land to develop.

Although they fall under heritage, the local Municipality will look favorable at other uses, such as:

1. Apartment building

2. Business 2000m

3. Community Care facility or Conference Facility

4. Community residential

5. Dwelling house

6. Indoor sport or Function venue

7. Lodging accommodation

8. Place of assembly

9. Place of instruction

10. Public Institution

11. Second dwelling house

12. Third dwelling unit

13. Vehicle sales

14. Visitors accommodation

15. Gambling

16. Healthcare facility

17. Hostel

18. Hotel

19. Mortuary

20. Place of entertainment

21. Vehicle services

22. Warehouse

23. House Shop

24. Informal trading

25. Non-motorized transport

26. Utility services

Do NOT be fooled by different offerings and prices - this is what the Seller will consider...

Just a thought - Paarl is in need of more Frail Care Facilities, Dementia Centers etc....

Development land of this size, price and position is worth looking into!

Property details

  • Listing number T4427071
  • Property type Commercial Land
  • Erf size 2 428 m²
  • Rates and taxes R 2 158

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