R42,000,000
Phenomenal development opportunity in one of SA's most up and coming retail hubs.
This prime development site is located on North Rand Road in Boksburg, offering exceptional frontage and visibility. It is a rare opportunity with zoning rights already obtained, allowing for a versatile and high-value project. The land's zoning rights support a mix of showrooms, retail spaces, a gym, offices or hotel accommodations, and residential units. The total bulk available is an impressive 75,541 sqm, making this property an excellent investment for large-scale development. Detailed site plans are available on request.
The zoning breakdown includes 648 sqm for showrooms, 2,729 sqm for retail, and 1,290 sqm for the gym on the ground floor. The first floor accommodates 3,664 sqm of offices or hotel space, 2,282 sqm of patio, and an additional gym and track area totaling 2,381 sqm. Floors 2-7 offer 5,809 sqm per floor for offices or hotel purposes, adding up to 34,854 sqm. Residential space is zoned for floors 8-14, with 3,435 sqm per floor, totaling 24,045 sqm. The 15th floor is designated for penthouse suites, providing 3,648 sqm of luxurious living space.
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Disclaimer: While every effort will be made to ensure that the information contained within the Marder Properties website is accurate and up to date, Marder Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
