NEW
Web Ref RL644
POA
Monthly Bond Repayment R196.32
Calculated over 20 years at 10.25% with no deposit.
Change Assumptions
ON AUCTION 20 MAY - GREAT DEVELOPMENT OPPORTUNITY IN HYDE PARK
Magnificent Development Opportunity in the Metropolis Node of Hyde Park
Situated in the prestigious Metropolis node of Hyde Park, this exceptional property presents a rare opportunity for investors and developers, offering three compelling development scenarios:
Residential Development (Res 4 – Potential Zoning)
Subject to approval, the property may be rezoned to Res 4, allowing for a multi-storey apartment development. This option is ideal for developers seeking to maximise unit yield and capitalise on strong residential demand in this prime location.
Commercial Development (Business 4 – Potential Zoning)
Alternatively, the property lends itself to Business 4 zoning, making it well-suited for an office park, corporate headquarters, or medical consulting suites. The location supports strong commercial viability and accessibility.
Boutique Hotel Conversion
Retain the existing structure and transform it into an elegant boutique hotel. With the right vision, this property could become a standout hospitality offering in one of Johannesburg’s most sought-after suburbs.
This is a versatile and strategic investment opportunity in a prime position, offering multiple avenues to unlock significant value.
Situated in the prestigious Metropolis node of Hyde Park, this exceptional property presents a rare opportunity for investors and developers, offering three compelling development scenarios:
Residential Development (Res 4 – Potential Zoning)
Subject to approval, the property may be rezoned to Res 4, allowing for a multi-storey apartment development. This option is ideal for developers seeking to maximise unit yield and capitalise on strong residential demand in this prime location.
Commercial Development (Business 4 – Potential Zoning)
Alternatively, the property lends itself to Business 4 zoning, making it well-suited for an office park, corporate headquarters, or medical consulting suites. The location supports strong commercial viability and accessibility.
Boutique Hotel Conversion
Retain the existing structure and transform it into an elegant boutique hotel. With the right vision, this property could become a standout hospitality offering in one of Johannesburg’s most sought-after suburbs.
This is a versatile and strategic investment opportunity in a prime position, offering multiple avenues to unlock significant value.
Features
Pets Allowed
No
Interior
Bedrooms
7
Bathrooms
6
Kitchen
2
Reception Rooms
5
Study
1
Furnished
No
Exterior
Garages
4
Security
Yes
Parkings
15
Flatlet
2
Domestic Accomm.
1
Pool
No
Sizes
Land Size
3,998m²
