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R 14 000 000 | retail property for sale in maitland

Property Description

AFFORDABLE HOUSING STUDENT ACCOMODATION AFFORDABLE APARTMENTS Asking price: R14 000 000 VAT Maitland is situated along a number of important transport networks connecting the Cape Town City Centre to the rest of the city. The most important being Voortrekker Road, the railway line that runs through the middle of the suburb and the N1 that is situated on its northern boundary. The area has always been an important transport hub for the city. Voortrekker Road has been identified by the Western Cape Government as a spatial ‘Integration Zone’ ideal for affordable housing - the corridor is also referred to as the ‘urban core’ of Cape Town, supporting 183,000 jobs in close proximity to industrial, logistical and service nodes. Furthermore this site falls within the Urban Development Zone (UDZ) for Cape Town providing significant tax incentive for residential and commercial development. For more info on the development of this land. Please send me an email and I will send an info brochure to you by email. PROPERTY INFORMATION: • Erf: 22945, Maitland • Erf Extent: 1,473m2 • Address: 425 Voortrekker Road, Maitland • Development Scheme: Ground Floor – Retail and Parking First to Eighth Floors – Residential 145 Apartments and 45 Parking Bays Studios, 1 Bed and 2 Bed Apartments

Property Details

Purchase PriceR 14 000 000

Type of PropertyRetail

Land Size1473 m2

Last Updated17 Mar 2022

Property Location

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