The first 9874 SqM from the initial +- 62,000 SqM have been sold to the municipality. The front section will have a new infrastructure including a new formal taxi rank and other facilities.
A Full Feasibility Study has been completed for High Density Residential on the property. The results are outstanding should a developer wish to convert to Residential. Full details of the study will be available upon full qualification of the interested party.
Proximity to public transport facilities
Proximity to employment areas
Proximity to residential development
Site is not environmentally sensitive
Site is surrounded by existing infrastructure
Minimum of 560 Units can be built. Up to 780 could be built!
CURRENT ZONING ETC:
Click here to see Zoning Certificate
It is currently Zoned Industrial 1 and Business 1