Development land in the heart of Paarl!

Property Details

DEVELOPERS - Unique opportunity to invest in a a prime piece of 2428m² land. " This corner erf is well positioned in the CBD close to Medical Facilities and in walking distance to amenities. It is currently zoned Neighborhood Business Zone, with consent for use as a "Warehouse Facility" with many other possible uses. With the shortage of housing close to town and transport, this will be perfect for a Residential Development. Warehouse one is ² 500m², mostly a zinc building. The second Warehouse is brick and larger than the first Warehouse. The plot, with stunning views in every direction, is fenced with more than 1000m² of vacant land to develop. Although they fall under heritage, the local Municipality will look favorable at other uses, such as: 1. Apartment building 2. Business 2000m² 3. Community Care facility or Conference Facility 4. Community residential 5. Dwelling house 6. Indoor sport or Function venue 7. Lodging accommodation 8. Place of assembly 9. Place of instruction 10. Public Institution 11. Second dwelling house 12. Third dwelling unit 13. Vehicle sales 14. Visitors accommodation 15. Gambling 16. Healthcare facility 17. Hostel 18. Hotel 19. Mortuary 20. Place of entertainment 21. Vehicle services 22. Warehouse 23. House Shop 24. Informal trading 25. Non-motorized transport 26. Utility services Do NOT be fooled by different offerings and prices - this is what the Seller will consider... Just a thought - Paarl is in need of more Frail Care Facilities, Dementia Centers etc.... Development land of this size, price and position is worth looking into!