R 10 995 000

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4 Bed House in Schaap Kraal

8 fourth avenue

4 3 9161 m²

ZONING : GB 1 (Mix Use).

This is a once in a lifetime development opportunity, located on a special piece of land ( 9 161m2 newly Zoned to GB1 Mix Use), on STRANDFONTEIN ROAD, with approved entrance/ exit road on Strandfontein Road. This is a blank canvass to develop into anything from shopping complex/ offices/ warehouse and a block of flats of about 120 units. That is not AllIt can also be subdivided into 2 lots ( 5 000m2 vacant) and (4 000m2 with existing buildings, which is fully enclosed with high built brick walls):

-Main House 296m2 Consisting of 4 bedrooms, 3 bathrooms, fully fitted kitchen, pool and double garage. The full property is zoned business. The main house can easily be converted into accommodation, medical facility, ie. doctors, dentist, rehabilitation centre, place of worship,

-Hall/ Entertainment venue 303m2 Large open space, preparation room, cold storage, ablution facilities - To be utilized for functions such as weddings, parties, etc. with ample parking.

-Residential Units 207m2 Consists of 4 x 2 bedroom rental unit.

All the above existing properties is currently an income generating concern of R 50. 000 p.m. Make that call today to discuss this exciting opportunity with the agent that cares and know the market. The fast growing and developing Schaap Kraal property is the heart of the Southern Suburbs of Cape Town and is 10 minutes from Cape Town International Airport. . Strandfontein Road is the arterial road and in time to come will connect with N2 and R300 and convenient for public transport with a planned My City bus route. The demand for rental properties is very high and a visionary''s dream opportunity.

Property details

  • Listing number T3983796
  • Property type House
  • Erf size 9161 m²

Property features

  • Bedrooms 4
  • Bathrooms 3
  • Lounges 1

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