R 4,995,000

R 4,995,000

Commercial Property Koeberg Rd Frontage Milnerton
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Commercial Property Koeberg Rd Frontage Milnerton

Web Ref. NPLS-3974
Land size 1060 m²
Monthly Bond Repayment
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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.

Features

Property Type Commercial
Listing Purpose Sale
Municipal Rates R 1
Occupation 6/1/2026

Property Location

Disclaimer

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