Property Details
Prime Development Opportunity in Booming Botha’s Hill – Unlock Unrivaled Potential
Visionary commercial property developers and astute investors, seize this exceptional opportunity to acquire a strategically positioned 33,000 sqm (post-subdivision) parcel of prime land on the Old Main Road in the highly sought-after Botha’s Hill area. Alternatively, the entire expansive property (pre-subdivision) is available, presenting an even greater canvas for your ambitious projects.
Strategic Location: The Epicenter of Growth
This property boasts an enviable location on the established tourism route, ensuring consistent visibility and accessibility. Its strategic proximity to the burgeoning Westown precinct (just a stone's throw away) presents an unparalleled economic advantage. Westown, a dynamic mixed-use urban node, is set to become a major commercial, retail, and residential hub, guaranteeing a significant influx of residents, shoppers, and businesses to the immediate vicinity. This adjacency will translate directly into increased foot traffic, enhanced business opportunities, and sustained economic growth for any commercial development undertaken on this property.
Unleash the Power of Mixed-Use Development
Zoned for light commercial use, this versatile landholding offers the exciting prospect of a dynamic mixed-use development. Imagine seamlessly integrating residential nodes with vibrant commercial spaces. The benefits of this approach are manifold:
Diversified Income Streams: A blend of residential and commercial tenants provides a more resilient and stable income base.
Enhanced Property Value: Mixed-use developments often command higher overall property values due to their comprehensive appeal.
Thriving Community Hub: Creating a live-work-play environment fosters a vibrant community, attracting a diverse range of individuals and businesses.
Capitalize on Westown Synergy: Residential components will appeal to those seeking proximity to Westown's amenities, while commercial spaces will benefit from the captive residential market.
Tourism-Focused Commercial Opportunities
Leveraging its prime location on the tourism route, this property is ideally suited for commercial tenants catering to the thriving tourism sector. Consider these exciting possibilities:
Boutique Hotels and Guest Lodges: Capitalize on the scenic beauty and tranquil surroundings to offer unique accommodation experiences.
Artisan Shops and Craft Markets: Showcase local talent and attract tourists seeking authentic souvenirs and experiences.
Farm-to-Table Restaurants and Coffee Shops: Offer culinary delights that highlight the region's fresh produce and appeal to food enthusiasts.
Adventure Tourism Operators: Establish a base for activities such as hiking, mountain biking, or guided nature walks.
Tourism Information and Booking Centers: Serve as a central point for visitors to plan their local excursions.
Beyond Tourism: Diverse Development Potential
The inherent versatility of this property extends far beyond tourism-centric ventures. Explore these additional development avenues:
Retail Centers and Convenience Stores: Cater to the needs of the growing local population and those drawn by Westown.
Office Parks and Business Hubs: Provide modern workspaces in a strategically advantageous location.
Educational Institutions and Training Facilities: The existing infrastructure lends itself well to such uses.
Healthcare Facilities and Wellness Centers: Address the increasing demand for medical and wellness services in the area.
Retirement Village or Frail Care Center: The scenic land and peaceful environment are ideal for such developments.
Existing Infrastructure and Income Generation
The property currently features several existing buildings, including a spacious warehouse with offices and ablutions, a large house converted into offices and a training center, garages, a two-bedroom cottage, and staff quarters. This existing infrastructure offers immediate utility and the potential for interim rental income. Currently generating R35,000.00 per month, this income stream can be significantly amplified through strategic upgrades and further development. The multiple entry/exit points provide excellent access and facilitate the potential for subdivision and independent operation of different sections.
Secure Your Foothold in a High-Growth Corridor
Don't miss this exceptional chance to secure a substantial piece of prime real estate in the rapidly developing Botha’s Hill area. Whether you envision a dynamic mixed-use precinct, a tourism-focused commercial hub, or a specialized development, this property offers the space, location, and potential to realize your most ambitious projects.
The subdivided 33,000 sqm parcel is available for R8,000,000.00, or acquire the entire property for R12,000,000.00.
Contact us today for a detailed information pack and to explore the immense possibilities this property holds.