R 37 500 000 | land property for sale in morningside

6307sqm Vacant Land Zoned Mix Use in the Vibrant Neighborhood of Morningside. This Site is exceptionally well positioned, exposed to Three Streets; Montpelier, Cowey and Argyle road. With the Current Zoning permitting to a high-rise mixed-use structure that can potentially be built to about 10 floors dependent on developer's scheme. Bulk available is Just over 12 000sqm with a 50% Coverage Parameter in place. Site has an Underground water reservoir that has to be preserved due to Amafa although this actually can work to an advantage as developer can use this structure as part of the schemes Design and characterized facade. The Site is Located Diagonally from the currently being developed Mc Donalds drive through and above a council land currently out on tender also zoned mixed use. Making the Land positioned in a pivotal area for catalytic impact to the Node. Morningside is a Mixed use area with a number of residential developments currently on the go and a healthy existing community of Residential and Commercial stakeholders in the area. Known for being the heart of a vibrant eatery lifestyle, allowing you to seamlessly blend work and leisure. With a myriad of dining options just steps away, you'll find a dynamic atmosphere conducive to productivity and client meetings. Located in close proximity to major freeways, commuting becomes a breeze, ensuring your business stays well-connected and easily accessible. The strategic placement of this site makes it a prime choice for those seeking to develop A grade to P grade Mixed Use Schemes. For more information or to arrange a site visit Contact Broker.