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