Oaklands, Verulam, KwaZulu-Natal ID 1137809
Vacant Land
9040m2
9,040 sqm platformed vacant land situated in a high visibility commuter zone facing Old Richmond Road. Site has been rezoned to 'Limited Commercial' with plans which were approved in 2020 for a 2,400 sqm ground floor Retail Centre comprising of a proposed Supermarket, Fast Food outlet and Hardware store, 100 parking bays and a separate receiving entrance based on maximum permitted FAR. Vehicle traffic count average is 8,500 vehicles per 24hr period. Site is located 200m from railway station. Geotech study and engineering design completed. Letter of intent was previously secured from a national retailer and national hardware store (now lapsed). Further information can only be disclosed subject to signature of Non Disclosure Agreement and Proof of Funding.
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