The Subject Property is located in De Beers, on the border of Menlyn, in Pretoria.
Menlyn is a sought-after commercial and retail node.
Surrounding real estate uses include office, retail and residential property. Menlyn Park Shopping Centre is located directly opposite the Subject Property.
Special Zoning: Permitted uses include; Offices, Business Buildings, Dwelling-units, Places of Refreshment, Motor Dealerships, Showrooms, High Technological Research, Development, Production and ancillary uses thereto.
Evidence within the Menlyn Maine area confirms that land prices (actual sales) are among the highest in Pretoria, ranging from R4,000 per m2 to R7,000 per m2 for business/commercial use.
More detailed breakdown of this can be given upon request.
R24 354 147 has already been spent on the beginning of the development of basement parking on the site, including floor and retaining walls.
Please contact us for a more detailed breakdown as well as the asking price.
