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: 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.