This is a fantastic opportunity to acquire a well-located 1145sqm commercial property on Voortrekker Road, currently operating as a second-hand car sales and auto glass fitting business. Its sold as going concern which means its zero rated VAT transaction if buyer and Sellers are VAT Vendor.
Excellent Redevelopment Potential:
The property boasts a GB4 zoning, which allows for high-density development. With 25m height restrictions, this prime location is ideal for the construction of a block of flats, hotel or hospital, maximizing your return on investment.
Current Income Stream:
While you finalize your development plans, the established car showroom and auto glass business provides a steady income stream, offsetting holding costs.
Perfect for Car Dealerships:
The spacious layout offers fantastic visibility from the busy Voortrekker Road, making it a prime location for any car dealership looking to expand their business.
Key Features:
* Size:1145sqm
* Zoning:GB4 (High-density development)
* Location:Voortrekker Road (High visibility)
* Current Use:Second-hand car sales & auto glass fitting
* Development Potential:Ideal for building a block of flats, hotel, hospital, place of worship, etc. (25m height restriction)
Added Benefit for Investors:
The seller is a VAT vendor, making this transaction zero-rated, potentially reducing your overall acquisition cost.
Don't miss out on this exceptional opportunity! Contact me today to book a viewing and discuss your development plans.
