Unique development opportunity in prime location. MU2 zoning.

Ref # 2288339
R15,000,000
Property Details
560m²

Unique development opportunity in prime location. MU2 zoning.

Located close to Wembley Square and the Garden's shopping centre this site is ready for redevelopment. The current structure has a new slab to allow for expansion.

Sale structure:

For sale is the members interest in the CC which holds the property.

The selling price for the members interest is R15m Plus any credits in bank accounts less any liabilities such as outstanding accounts (eg rates and members loan accounts).

The members loan accounts will not exceed the credits in bank accounts.

Property Features
Property Type
Mixed Use
Erf Size
560m²
Costs and Terms
Moving costs
Additional Information
Grade
C
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Gardens, Cape Town view
About Gardens
Lying between the popular suburbs of Oranjezicht and Tamboerskloof, Gardens is a respite from the hustle and bustle of the busy city centre just a stone’s throw away from its calm, leafy homes.
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