1 484 m² Commercial space in Riviera

PRIME REPURPOSING AN ELDERLY CARE FACILITY NEAR STEVE BIKO HOSPITAL

Versatile Property with Multiple Consent Use Opportunities boardering high density accommodation in Riviera. Riviera is in the Moot area and is located near Steve Biko Academic Hospital.

Situated in a strategic location close to Steve Biko Hospital, this unique opportunity consists of two adjoining properties currently utilized as an accommodation facility for elderly residents. The improvements and existing infrastructure provide an exceptional opportunity for investors, developers, medical professionals, educational institutions, and entrepreneurs seeking a property that can be adapted for a variety of uses.

The first property comprises a residential dwelling currently configured as administrative offices, while the second property is a substantial double-storey building offering extensive accommodation facilities including approximately 40 rooms, 9 bathrooms, kitchens, dining facilities, and communal areas.

Whether you are looking to expand an existing operation or establish a new venture, this property presents a rare opportunity to acquire a facility with significant infrastructure already in place.

Potential Consent Uses Include:

Apartment Building

Commune Accommodation

Backpackers Lodge

Guest House

Institutional Facility

Medical Consulting Rooms

Day Care Facility

Child Care Facility

Educational or Training Facility

Retail Use subject to municipal requirements

Retirement Centre

Social Hall or Community Facility

Sport and Social Grounds

Veterinary Clinic

Property Highlights:

Two properties offered as a combined opportunity

Approximately 40 rooms and 10 bathrooms

Existing kitchens and dining facilities

Administrative office component

Well-positioned close to Steve Biko Hospital and major transport routes

Established infrastructure suitable for repurposing and redevelopment

Excellent opportunity for healthcare, residential, educational, hospitality, or community-based uses

Properties offering this level of flexibility and future potential are seldom available. Whether your vision is residential accommodation, medical facilities, student housing, a guest establishment, or another specialised use, this property provides the foundation to bring your concept to life.

Contact Benita Vermeulen from Fio Real Estate to arrange a private viewing and discuss the full development and usage potential of this exceptional opportunity.

Click on the video link to view the property and explore its possibilities.