5.2 ha Land available in Parklands
Located at the corner of Armstrong and Apollo Streets in Rivergate, this expansive property spans an impressive 51,528 square meters, offering ample space for diverse commercial ventures. Zoned for Mixed Use 2 (MU2), this parcel of land presents a versatile opportunity for various business activities. Being serviced Land, it provides convenience and ease for potential development projects.
With an allowable Gross Lettable Area (GLA) of approximately 33,000 square meters, developers have the flexibility to design and construct structures tailored to their specific needs and requirements. Additionally, the property boasts robust power infrastructure, featuring a bulk metering kiosk delivering up to 1500KVA of power, ensuring uninterrupted operations for businesses within the premises. Priced competitively at R1300.00 per square meter, this property represents a lucrative investment prospect for those seeking to establish a prominent commercial presence in the thriving Rivergate area.
Property details
- Listing number T4604092
- Property type Commercial Land
- Listing date 19 Apr 2024
- Land size 5.2 ha