Development Opportunity in Wynberg On Auction: 250 Main Road, Wynberg
Wynberg Upper, Western Cape
Vacant Land On Auction, 910m2 @ POA
Development Opportunity in Wynberg On Auction: 250 Main Road, Wynberg
The property in question offers a unique investment opportunity, thanks to its advantageous zoning that permits high-end development. Positioned directly on Main Road, it enjoys prime exposure to both vehicle and pedestrian traffic, making it highly attractive for businesses seeking visibility and accessibility. This key location, combined with the flexibility of its zoning, sets the stage for a wide range of commercial or mixed-use possibilities, appealing to developers and investors looking to maximize returns in a thriving urban setting.
Currently tenanted, the property is already generating a steady income, adding immediate value to the investment. Situated in Wynberg, a densely populated suburb with a strong demand for retail, office, or residential space, the property benefits from an established customer and commuter base. Additionally, the stand is fully serviced, streamlining the development process and reducing setup costs. This makes the site not only strategically located but also practically ready for future expansion or redevelopment.
Township: Wynberg
Erf Number: Erf 67097 & 67098
Erf Size: Erf 67097 - 489m²; Erf 67098 - 421m²
Total GLA: 910m²
VAT Registered: No
Municipal Information:
Municipality: City of Cape Town
Monthly Rates: R3,745.91
Title Deed Information:
Number: T30979/2018
Municipal Area: City of Cape Town