This well located 1,487 sqm corner stand presents an excellent development opportunity in the heart of Parkmore. Properties of this size and positioning are rarely available, making this a compelling offering for developers and investors alike.
The property is currently zoned to allow for the development of up to 150 apartments. Rezoning may be applied for to accommodate a reduced number of units, offering flexibility to suit different development strategies and project scales.
Positioned within a highly desirable and established node, the site benefits from strong surrounding demand and convenient access to key amenities, business hubs and major routes.
Rates are approximately R3,014 per month.
This is a solid land opportunity in one of Parkmore’s most sought after pockets.
Contact Sharon Louw today to arrange a private viewing or to discuss the development potential in more detail.