Commercial property for sale in Milnerton Central

Description

Prime Koeberg Rd Site. Zoned GB1. Suitable for Offices/Flats This property presents a unique investment opportunity in the highly sought-after Milnerton area. Strategically rezoned GB1 for general business use and, with frontage on the very busy Koeberg Rd, it offers exceptional flexibility and significant development potential. A demolition letter was granted in 2018, should the buyer want to redevelop the site. It is understood that Council would look favourably on applications for a block of flats or offices. Property Highlights Prime Location: Situated in Milnerton with excellent proximity to major business hubs like Century City and Parden Eiland, ensuring high visibility and accessibility. Rezoned for Business (GB1): Allows for a wide range of commercial uses, maximising investment returns. Existing Structure: Features a spacious house with a separate flatlet,... Prime Koeberg Rd Site. Zoned GB1. Suitable for Offices/Flats This property presents a unique investment opportunity in the highly sought-after Milnerton area. Strategically rezoned GB1 for general business use and, with frontage on the very busy Koeberg Rd, it offers exceptional flexibility and significant development potential. A demolition letter was granted in 2018, should the buyer want to redevelop the site. It is understood that Council would look favourably on applications for a block of flats or offices. Property Highlights Prime Location: Situated in Milnerton with excellent proximity to major business hubs like Century City and Parden Eiland, ensuring high visibility and accessibility. Rezoned for Business (GB1): Allows for a wide range of commercial uses, maximising investment returns. Existing Structure: Features a spacious house with a separate flatlet, offering immediate income potential or on-site accommodation. Modern Amenities: Includes fibre connectivity, essential for modern businesses. High Growth Area: Milnerton is experiencing significant growth, creating a strong demand for commercial space. Develop and Lease: Convert the existing property into a modern commercial space and lease to a variety of tenants. Value-Add Redevelopment: Explore redevelopment options to maximize the property\`s commercial potential. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#340970738","type":"c"}));

What we know about this property

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Portal facts

Zoning

General Business

Erf Size

1 060 m²

Generator

No

Gross Price

R 4 995 000

Backup Water

No

Listing Date

17 February 2025

Listing Number

115593980

Street Address

328 Koeberg Road, Milnerton Central

Rates and Taxes

R 2

Type of Property

Commercial Property