1 250 m² Commercial space in Sunnyside

Prime Sunnyside Investment & Redevelopment Opportunity

Rare opportunity to acquire a large inner-city redevelopment site in the heart of Sunnyside with immediate holding income and massive future upside.

The property consists of 56 lock-up garages on one erf with secure gated access, double entrance access, and paved internal yard suitable for cars, delivery vehicles and light trucks.

Currently generating approximately R20,000 PM from existing tenanted garages.

Positioned within a high-density residential precinct surrounded by apartment blocks and sectional-title developments, making this ideal for:

Continue garage rental income

Self-storage conversion

Parking business

Student storage solution

Residential redevelopment

Sectional-title apartments

Mixed-use investment

Future student accommodation development

Use Zone 4 allows for:

Residential buildings

Dwelling units

Guest house rights

Parking site usage

subject to applicable conditions and approvals

This is a rare opportunity to secure a stand of this scale in Sunnyside with existing improvements, income generation and strong redevelopment potential.

Title deed and zoning documents available.

Serious developers, sectional-title investors, student housing operators, hybrid buyers and cash-flow investors invited.