700 m² Commercial space in Mill Park

This is PRIME PROPERTY located on Cape Road across the road from Greenacres Netcare Hospital and Greenacres Shopping Centre. Easily accessible and on all transport routes. Within easy reach of outstanding medical facilities and all other amenities.

The land in question comprises of 2 erven, each amounting to 793 sqm. The front erf is located on Cape Road with a Guesthouse currently operating with long term contract workers. Up to 10 rooms operational with a conference centre and parking behind a secure automated gate. This property is zoned for GUESTHOUSE use with restrictions (details on request) The Guesthouse is directly located next to the Cape Road KFC and opposite the Netcare hospital.

At the back of this 793 sqm property, and part of the SALE is another 793 sqm property with residential zoning. This property is accessed from Westview Drive. Together the 2 properties are 1586sqm. Both erven are earmarked for OFFICE USE as per the Cape Road LSDF.

The locations is ideal for a small Office Park which when both erven are consolidated, will be permitted. All necessary documents have been obtained from the Town Planner''s office.

Property on the back erf has fire damage and will have to be demolished at buyers expense. This once was a beautiful home overlooking the sports fields of Newton Park Technical High School. The benefit is that this stand can have easy access to the front erf, and with consolidation can provide the necessary parking space required by the Municipality for an OFFICE PARK or GUESTHOUSE use.

Should the buyer consider building accommodation units, they would need to apply for a site- specific application, and that will be subject to NMBM decision. Please note that for units an architect will need to see what can be achieved as Open Space and Parking will need to be provided as well.

SELLING PRICE OF R 3 800 000 is not subject to VAT.

Municipal account on request.

Contact me to arrange a viewing today.