10800 m² Commercial space in Wimbledon Estate

R 41 000 000

Liz Grimbeek

Rawson Property Group-Century City Commercial

10800 m² Commercial space in Wimbledon Estate

R 41 000 000

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Floor Area 10800 m²
Land Area 1.1 ha

The land consists of a property, measuring approximately 10.8ha in total and is located in the

Blackheath Industrial area, Cape Town. It is bordered on the south and east boundaries by industrial

properties with residential neighbourhoods (Hagley / Sunbird Park) located to the west and the

Stellenbosch Arterial to the north.

The site is well located and within close proximity to various other major mobility routes and activity

spines in the area:

- In close proximity to residential areas which promotes mixed land use and accessibility to job

opportunities.

- The application area is adjacent to the new proposed rail system in the area.

- The site will gain better accessibility from the proposed Eersteriver Way extension.

- The topography is characterized by a relatively even slope with an average grade of 1.0% sloping

from south to north, which is preferred for industrial development.

The property was rezoned to General Industrial, Open Space, Utility Zone and Road Purposes as

approved on 28 January 2016. The application included the Heritage NID, Environmental Impact Assessment and a Transport Impact Study based on a total of 42 000m2 GLA.

The majority of the properties to the east and south are zoned for industrial use, while the adjacent

properties to the west are also zoned for agricultural purposes.

The developable area of the site has been labelled A, B, C and D with the following sizes:

- A: 0.51 ha

- B: 7.18 ha

- C: 0.26 ha

- D: 0.93 ha

The total developable area of the site is therefore approximately 7.9ha.

The Seller will consider offers over R41,000,000.00. Price excludes VAT

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10800 m² Commercial space in Wimbledon Estate

R 41 000 000

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