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Development Opportunity with GB1 & GR4 Zoning
updated on Apr 02, 2024
R 5 000 000

WEB REF: 707200

Property Summary
  • Selling Price R 5 000 000
  • Property Type House
  • Erf Size 1203.0000 m2


Description

Accepting Offers. Deceased Estate Halima Arrief (Master Ref No. 019088/2022) SOLD TOGETHER AND SEPARATELY DESCRIPTION: This is the goldmine you've been searching for! Situated in the most convenient and central pocket of Wynberg, this high exposure site can be found with the perfect zoning for you to redevelop or invest in. Currently consisting of 4 properties, a combined size of 1207m², the opportunities are endless. Located on the corners of Sussex Road, York Road and Gosport Road, within walking distance of primary & secondary schools as well as major transport routes and hubs with high exposure and footfall. This site is catered for investment or redevelopment focusing on retail, residential, office or mixed-use. As a portfolio disposal from a deceased estate, the 4 adjacent properties hold GB1 & GR4 zoning. The properties can be bought separately or together as one package deal. Please note that no vacant occupation is guaranteed. In-house development services are available. DETAILS: • Erf no (Extent): 68667 (173m²) (5 Gosport Road, Wynberg) • Erf no (Extent): 68668 (176m²) (3 Gosport Road, Wynberg) • Erf no (Extent): 68669 (463m²) (60 Gosport Road, Wynberg) • Erf no (Extent): 68670 (391m²) (6 York Road, Wynberg) DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

Additional Features
      Property Address

      3, 5, 60 Gosport Road Wynberg Cape Town

      Contact Agent(s)

      eMail Agent(s)