Property features

R25 000 000

Property Details

Exclusive Hotel Development Site for Sale nearby OR Tambo International Airport Investment Opportunity: Premier Location We are pleased to present a unique opportunity to acquire a prime hotel development site in close proximity to OR Tambo International Airport, a pivotal gateway to Africa. Key Features: • Strategic Location: Situated mere minutes from OR Tambo International Airport, offering unparalleled visibility and convenience for both domestic and international travelers. • Zoning Approvals: All requisite zoning approvals have been secured, streamlining the development process and ensuring regulatory compliance. Allowing for 21,000m² permissible bulk with potential for 10 storeys. • Exceptional Investment Potential: The site is ideally suited for the development of a luxury hotel, business hotel, or airport hotel, catering to the burgeoning demand in the area. • Superior Connectivity: The site boasts excellent transport links, including major highways, the Gautrain, and localized public transportation, enhancing accessibility for future guests. • Proximity to Amenities: Close to shopping centers, business districts, and tourist attractions, providing a comprehensive experience for visitors. This exceptional opportunity is not to be missed. For further information and to arrange a site visit, please contact us at your earliest convenience. Erf size - 1,06 hectares Zoning - Hotel Coverage - 70% amounting to 7420m² coverage allowance FAR - 2.1 amounting to 21,000m² bulk Height - 5 storeys with possibility of extending to 10 storeys subject to council approval All services available, no bulk contributions payable Sale price is excluding VAT