NEW
Web Ref CL34756
ON AUCTION - 16 JULY 2025 - Exceptional Mixed-Use Investment Opportunity with Major Development Ups
Exceptional Mixed-Use Investment Opportunity with Major Development Upside
This incredible mixed-use property has been reimagined into a modern, flexible space tailored for today’s diverse work, retail, and commercial needs. Situated on a generous erf of over 11,000 sqm, the site currently offers nearly 8,000 sqm of Gross Lettable Area (GLA), with substantial development potential on the remaining undeveloped land.
Strategically located in the heart of the inner city, the property spans an entire block, nestled between four busy streets—making it highly visible and accessible. Surrounded by prominent residential developments and major student accommodations, this site benefits from constant foot traffic and serves as a vital hub for both commerce and community.
Tenant Mix & Amenities:
A diverse and stable mix of tenants, including:
A private school
Multiple retail stores
A vibrant food court
Various commercial and office tenants
Automotive workshops
A large car dealership
Carefully curated and modern interiors designed to accommodate a broad range of users
Easy-to-manage layout and infrastructure that supports operational efficiency for landlords and investors
Key Highlights:
±11,000 sqm erf with ±8,000 sqm GLA
Full-block footprint with excellent street frontage
High foot traffic area near residential and student hubs
Significant development upside on unused portions of the property
Strong, diverse tenant base ensuring income stability
Prime inner-city location with future growth potential
This is a rare opportunity to secure a high-performing asset with built-in scalability and long-term value. Ideal for savvy investors, developers, or portfolio managers looking to capitalize on a vibrant urban node.
This incredible mixed-use property has been reimagined into a modern, flexible space tailored for today’s diverse work, retail, and commercial needs. Situated on a generous erf of over 11,000 sqm, the site currently offers nearly 8,000 sqm of Gross Lettable Area (GLA), with substantial development potential on the remaining undeveloped land.
Strategically located in the heart of the inner city, the property spans an entire block, nestled between four busy streets—making it highly visible and accessible. Surrounded by prominent residential developments and major student accommodations, this site benefits from constant foot traffic and serves as a vital hub for both commerce and community.
Tenant Mix & Amenities:
A diverse and stable mix of tenants, including:
A private school
Multiple retail stores
A vibrant food court
Various commercial and office tenants
Automotive workshops
A large car dealership
Carefully curated and modern interiors designed to accommodate a broad range of users
Easy-to-manage layout and infrastructure that supports operational efficiency for landlords and investors
Key Highlights:
±11,000 sqm erf with ±8,000 sqm GLA
Full-block footprint with excellent street frontage
High foot traffic area near residential and student hubs
Significant development upside on unused portions of the property
Strong, diverse tenant base ensuring income stability
Prime inner-city location with future growth potential
This is a rare opportunity to secure a high-performing asset with built-in scalability and long-term value. Ideal for savvy investors, developers, or portfolio managers looking to capitalize on a vibrant urban node.
Features
Building Name
Market up
Zoning
Commercial
Title
Freehold
Interior
Power (3 Phase)
Yes
Exterior
Security
Yes
Parking Bays
Open Parkings
15
Sizes
Floor Size
7,958m²
Land Size
11,371m²
Extras
24 Hour Access; Air Conditioner; Secure Parking
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