Suits Redevelopment into Residential / Commercial Use or Purchase and Let to School / Place of Worship
In recent times there have been numerous redevelopment / repurposing projects in the area and this is primed for that.
GR4 zoning allows for 4-5 floors, 24m building height.
There is significant upside to this property as it currently stands, with around 540/m of top-structure to the total erven of 1784/m.
There is the remainder of a 1-year lease on the premises so the possibility exists of it being sold as a going-concern.
Notable in its current format
Large Hall
2 sizeable ''classrooms''
Foyer
Change-rooms
Kitchen
Close to M5/N2/N1 and arterials as well as local amenities and public transport.
Please get in touch to arrange a viewing !