451 m² Commercial space in Lorraine

R 3 600 000

Andre Crouse

Just Property-Port Elizabeth Commercial

451 m² Commercial space in Lorraine

R 3 600 000

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Floor Area 451 m²

Attention Developers, B&B or Crèche owners and serious gardeners.Exceptionally large erf in Lorraine, with access from Kragga Kamma Road and Andre Gilbert Street. A site area of 6153m with a double storey dwelling and double garage in excellent condition, set in one corner of the property, facing a large garden and pool. (This layout allows extensive development of the remainder without having to demolish or alter the existing improvements.This tree-lined street was one of PEs Millionaires Rows in the 1950s, and retained it exclusivity when Weybridge Park was established alongside. It is one of only two out of the original twelve similar-sized erven that have not yet been subdivided.The lady owner, an avid gardener, is now retiring to the Western Cape after 23 years at this address. The property is still zoned Residential, but those around it have been redeveloped, subdivided or reconfigured into guesthouses, a townhouse complex and smaller residential sites.The owner has neither the knowledge or inclination (or patience) to get involved in the rezoning and/or sub-division processes. If you are looking for an opportunity to add value to a site, here is one worth looking at. Call André Crouse on [removed] for an appointment to view.

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451 m² Commercial space in Lorraine

R 3 600 000

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