Retail space in Annadale

Unlock the development potential of this strategically positioned 1 071m² vacant stand situated at 14 Rivier Street, Annadale, Polokwane. Offering established Residential 3 zoning, this property presents an attractive opportunity for developers, investors or property syndicates seeking land suited to higher-density residential development.

The zoning provides the potential to develop multiple residential units, making the property particularly suitable for a townhouse, apartment or sectional-title development. The final number and configuration of units will remain subject to the applicable municipal town-planning scheme, coverage, parking requirements, building regulations and approval of development plans.

The stand offers level ground, which may assist in reducing site-preparation and excavation requirements. Municipal service connections, including water, electricity and sewerage, are accessible in the surrounding area, subject to confirmation and connection requirements from the relevant authorities.

With the Residential 3 zoning already in place, a prospective purchaser can focus on architectural planning and the municipal submission process rather than beginning with a potentially lengthy rezoning application.

The property is conveniently located near established schools, shopping centres, public transport routes and essential amenities. Tropicana Shopping Centre and China City Centre are situated approximately 700 metres away, while several primary and secondary schools are located within a short driving distance.

Whether your vision is to create rental accommodation, sectional-title units or another compliant high-density residential project, this well-positioned Annadale stand offers the space, zoning and location required to support a promising development opportunity.

Contact us today for further information or to arrange a viewing of the property.

All proposed development rights, densities, services and building specifications must be independently confirmed with the relevant municipality and professional consultants.