Prime Development Opportunity in Central Westville
Ideally situated in the heart of Central Westville, this exceptional development site offers a rare opportunity for developers and investors alike.
Zoning and Development Potential
Zoned Intermediate Residential 4 allowing for 10 units per 10,000 sqm.
Total land size: 14,057 sqm, which permits up to 14 units under current zoning.
Potential for further densification through land consolidation and council approval unlocking the possibility to increase the number of units.
Strategic Location
This site offers convenience and accessibility, located within close proximity to:
Varsity College
Westville Mall
Westville Schools
Places of Worship
Additional Investment Opportunity
There is an option to purchase the adjacent property, offering further strategic benefits:
Land size: 1,700 sqm
Potential for a second access point to the development site.
Currently generating rental income of R24,000month.
The Perfect Canvas for a Residential Development
This is a unique investment opportunity in a sought-after area with strong growth potential.
Call Kuraysha today to schedule a site visit.
Further details available upon viewing.