Maitland · Retail For Sale
1473 m² Retail For Sale in Maitland
- R 15,000,000
- 1473 m²
Discover the potential of this exceptional redevelopment property located in the heart of Maitland. Situated on a 1473 sqm parcel of land, this site offers a unique opportunity to craft a landmark development in a rapidly growing area.
Property Features:
Zoning: This property zoned Mixed Use 2 boasts a coveted zoning status for a seven-storey building, making it an ideal canvas for a multi-residential complex or mixed-use development. The zoning allows for the construction of 145 apartments and 45 garages, offering an incredible opportunity for housing solutions in a high-demand urban setting
Location: Maitland is a vibrant and evolving community with a burgeoning real estate market. Situated strategically within close proximity to the city center, transportation hubs, shopping centers, and recreational facilities, the location offers convenience and accessibility.
Investment Potential: The Maitland area has witnessed significant growth in recent years, with increasing demand for modern, well-located housing. This property offers the opportunity to tap into this growing market and create an attractive return on investment.
Architectural Freedom: With the possibility of constructing a seven-story building, architects and developers have the creative freedom to design a distinctive and innovative structure that could become a prominent landmark in the area.
Community Enhancement: By developing this property, you have the opportunity to contribute positively to the community by providing much-needed housing options, potentially transforming the skyline of Maitland and enhancing the urban landscape.
Accessibility: The property's location ensures easy access to major transportation routes, public transit, and essential amenities. This convenience is a significant selling point for future residents.
Infrastructure: Maitland has a well-developed infrastructure, making it an ideal location for a substantial redevelopment project. The property is well-connected to essential utilities and services.
Don't miss out on this remarkable opportunity to create a signature development in a thriving area. Whether you're an experienced developer or an
investor with a vision, this property's potential is boundless.
Contact us today to discuss the possibilities and take the first step toward realizing your development dream in Maitland. This property is a blank canvas awaiting your masterpiece.
Property Information & Features
- Property Type
- Retail
- Listing Type
- For Sale
- Location
- Maitland, Cape Town
- Price
- R 15,000,000 · Get Pre-Qualified
- Price per m²
- R 10,183
- Erf Size
- 1473 m²