Property description

DEVELOPMENT PROPERTY IN THE HEART OF WYNBERG IN SANDTON | PRIMED FOR RETAIL OR HIGH DENSITY RESIDENTIAL

Why to Buy?

- High Demand Residential and Retail Area: The property is located in a vibrant and high-demand residential and retail area, ensuring a captive market for your development. Take advantage of the growing demand for residential properties and the thriving retail market to maximize your returns
- Development for High-Density Residential: With its size and zoning potential, this property is ideal for high-density residential development. Create a contemporary living space that meets the needs of modern urban dwellers, providing them with a comfortable and convenient lifestyle
- Development for High-Density Residential and Retail Mix: Harness the potential of mixed-use development by combining high-density residential units with retail spaces. This approach creates a dynamic and vibrant community that caters to residents' everyday needs and fosters a sense of community
- Development for High-Volume Retail Stores: With its prime location in a high-demand retail area, this property offers a golden opportunity to develop high-volume retail stores. Cater to the needs of shoppers by providing them with convenient access to a variety of retail offerings
- Strategic Location on Reya Vaya Route: The property benefits from its proximity to a Reya Vaya route, a major public transportation network. This provides excellent connectivity and accessibility for residents and customers, ensuring convenience and ease of travel
- Central Location in Consumer High Buying Power Areas: Situated centrally, this property enjoys proximity to areas with high consumer buying power. Take advantage of this advantageous location to tap into a market with strong purchasing capacity and increase the success potential of your development
- Upgraded Main Route from JHB CBD to Midrand: The property is conveniently located on a recently upgraded main route connecting Johannesburg CBD to Midrand. This improvement enhances accessibility and visibility, making your development easily accessible to a wider audience

Property Profile:

- Property Type: Prime Development Property
- Location: Wynberg, Johannesburg (bordering Sandton Metropolis)
- Land Size: 2532 square meters
- ERF Numbers: 535-1
- Zoning: Industrial (with potential for rezoning)
- Offices: No
- Parking: Yes
- Storage: Yes
- Workshops: Yes
- Incoming Power: Three Phase 380V and currently pre-pad
- Incoming Water: 32mm
- Fully Walled: Yes
- Security Gates: Yes
- Sliding Entrance Gates: Yes
- Electric Fencing: No
- Staff Amenities: Yes
- Staff Accommodation: Yes
- Fire Safety: No
- Wire Security: Yes
- Generator on Site: No
- Monthly Rates and Taxes: R10,900.00
- Monthly Sewer Cost: R249.90
- Total Monthly Running Cost: R11,149.90

Unlock the incredible potential of this prime development property located in the highly sought-after Wynberg area of Johannesburg. Situated on the border of the prestigious Sandton Metropolis, this property offers an exceptional opportunity for developers and investors to capitalize on the high demand for residential and retail spaces in the area. With its strategic location, generous land size, and array of features, this property is perfectly positioned to cater to a variety of development needs.

Take advantage of this prime development property's exceptional location, generous land size, and promising features. With the potential to cater to high-density residential needs, mix residential and retail spaces, or establish high-volume retail stores, this property presents a gateway to success. Don't miss out on this opportunity to shape a thriving residential or retail development in the heart of the Wynberg area.

Contact us today to explore the endless possibilities and embark on a journey towards prosperity.