New
R 13 200 000
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Commercial space in New Park

52 4 3 235 m²

Prime Development Opportunity in New Park!

This is the last available piece of land to build on in New Park a rare investment opportunity not to be missed!

Erf size: 3,235 sqm

Residential 3 Zoning

70 allowable coverage for buildings

Existing 52-room, 3-storey structure, currently utilizing only 35 of the building rights

Structurally sound, but in need of a complete makeover

Unlock the full potential of this property with ample scope for expansion and redevelopment. Perfect for student housing, apartments, or a modern mixed-use development.

Property details

  • Listing number T5632840
  • Property type Commercial
  • Listing date 23 Sep 2026
  • Land size 3 235 m²

Property features

  • Bedrooms 52
  • Bathrooms 4

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