EXCEPTIONAL COMMERCIAL INVESTMENT & DEVELOPMENT OPPORTUNITY IN MODIMOLLE
1,014 m² Stand | Business 1 Zoning | Multiple Development Opportunities
An outstanding opportunity for investors, developers or business owners seeking a well-positioned commercial property with excellent existing improvements and significant future development potential.
Situated in a desirable area of Modimolle, this versatile property offers a generous 1,014 m² stand with an existing 55m² Business 1 building.
The property's zoning and primary rights create exciting opportunities for further development and upgrades, making it an attractive prospect for those looking to establish or expand a commercial venture or create a diversified rental income portfolio.
DEVELOPMENT POTENTIAL:
With its Business 1 zoning and development rights, the property offers potential for a variety of uses, including:
Retail shops and commercial space.
Office accommodation.
Two rental flats with existing tenants.
Other compatible commercial uses, subject to the relevant municipal requirements and approvals.
The combination of commercial and residential opportunities makes this an ideal property for a mixed-use development, offering the potential to maximise both rental income and long-term investment value.
EXISTING IMPROVEMENTS
In addition to the development potential, the property already offers several existing structures that add to its investment appeal:
One 2-bedroom flat with lock-up garages
One 1-bedroom flat
Two additional separate lock-up garages
Existing 55m² Business 1 building with street front.
These existing improvements provide an excellent foundation for further investment and potential rental income, while allowing scope for future upgrades or redevelopment.
AN INVESTMENT WITH POSSIBILITIES
Whether you are an investor looking to generate rental income, a developer seeking your next project, or a business owner wanting a property with room to grow, this property offers a rare combination of location, existing improvements, commercial zoning and future development potential.
Don't miss out on this exciting opportunity to unlock the full potential of this versatile Modimolle property!