1 ha Land available in Mbekweni
Vacant Land on R301, Jan van Riebeeck Drive.
With a prime location right on the corner of Jan van Riebeeck Drive (R301) and the Ring Road in Mbekweni, Paarl, in the middle between Paarl and Wellington.
This portion, 1.411 hectares in size is on a corner and because of this position and the fact that you have exposure on Jan van Riebeeck as well as the Ring Road, this property is ideal for a shopping centre or small development, either residential or commercial.
The land is currently zoned as undetermined, agricultural, which means that the Purchaser will have to rezone it for any other use. The adjacent 1.6 hectares vacant land can be purchased together at an additional R2,650,000, bringing the total price to R5 300 000 (just over 3 hectares of vacant land).
Are you a property investor or developer?
Can you see the value and grow it for a phenomenal future investment?
Contact me for an on-site viewing.
Price excludes VAT.
The adjacent portion of 1.6ha is part of the original title deed, but the Seller will, at his own cost, undertake to do the subdivision of the land so that this 1.4ha corner stand have its own title deed. Such subdivision will be finalised before date of registration.
Property details
- Listing number T4827785
- Property type Residential Land
- Erf size 1 ha