PRIME DEVELOPMENT OPPORTUNITY IN KYALAMI MIDRAND

A prime opportunity for development is currently on offer in Kyalami, presenting options For Sale or To Lease. The expansive 3.1614 Ha land, while currently lacking services, is available for outright Purchase with negotiable terms. Plans for Mini Units and Warehousing have already been drafted, promising an appealing prospect for interested parties. Additionally, the potential for a substantial Retail-box development spanning Approximately 15 000m² is a viable option, with initial plans already in place. This Property, subject to specific conditions, offers versatile possibilities due to its designation under a Special Use Zone. Permitted purposes include Offices, Medical facilities, Retail outlets, Restaurants, Showrooms, and Residential developments. Height restrictions cap buildings at Five storeys, excluding Parking levels, with a land coverage set at 60% and an allowance of up to 80% for basements. The Floor Area Ratio (FAR) stands at 0.9, ensuring efficient use of space. Its strategic location at a prominent intersection in Kyalami, opposite the Kyalami Corner Shopping Centre, benefits from upgraded road infrastructure for easy accessibility. Furthermore, the Property's positioning offers excellent signage potential facing Pitts Avenue, enhancing visibility and exposure. With its adaptable Zoning and advantageous location, the site presents an enticing opportunity for the development of Commercial, Industrial, and Retail ventures alike.