4 010 m² Commercial space in Douglasdale

Located along one of the most desirable Greenpark streets, this is a dream location for an astute, multi-dwelling developer to acquire land, packed with up-market cluster development potential.

Town Planners have on behalf of the owners, successfully facilitated removal of restrictive conditions, and subdivision of the property into Residential 2 Erven of approximately 535m2 each, with a central spine road of approximately 800m2. Section 34 applications for the installation of stormwater, sewer, and electricity connections are due for submission.

Prospective multi-dwelling developers could contemplate building luxury, boutique type designer family homes to become a desirable micro-cluster community with only 6 front doors.

Homes here could potentially be sized from about 400m2 on generous, north facing leafy green stands on a gentle south to northerly slope. Plans could be customized to suit, with fittings, finishes and detailing personalized. You have direct access from a single entrance on the lovely, tree lined Malgas Avenue onto the site. A green, solar powered solution could be a significant feature to the homes if offered.

People talk about the intimacy and the community feel of this Green Park location, perfectly situated between two of Douglasdales most prestigious high-end complexes.

Coupled with the location close to Fourways, and with easy access via arterials in or out, development land must be a smart investment with highly profitable returns expected down the line.

The acquisition of 102 Malgas Avenue would typically appeal to an established, environmentally conscious property developercontractor, with the vision and the know-how to deliver the aspirational, market desired, upmarket aesthetic in a cluster type home in Douglasdales Green Park.