Property description

This is a prime development opportunity in Kyalami, available for both sale and lease. The expansive 3.1614-hectare site, currently undeveloped and without services, is offered for outright purchase with flexible terms. Existing plans for mini units and warehousing are already in place, providing an attractive option for prospective buyers or lessees. Additionally, there is the potential for a substantial retail development of approximately 15,000m², with preliminary plans already drafted.

Zoned under a Special Use Zone, this property offers a wide range of potential uses, including offices, medical facilities, retail spaces, restaurants, showrooms, and residential developments, subject to specific conditions. The site permits five-storey buildings, excluding parking levels, with land coverage allowed up to 60%, and up to 80% for basement areas. The Floor Area Ratio (FAR) is set at 0.9, ensuring optimal space utilization.

Strategically located at a prominent intersection in Kyalami, opposite the Kyalami Corner Shopping Centre, the property benefits from upgraded road infrastructure and excellent accessibility. Additionally, its positioning offers outstanding signage opportunities facing Pitts Avenue, increasing visibility and exposure for businesses. With its versatile zoning, prime location, and ample development potential, this property represents an excellent opportunity for a wide range of commercial, industrial, and retail projects.