R4,250,000
Price VAT included and sold as going concern - Prime Location for Development!
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.
Features
Exterior
Sizes
Extras
Near Golf Course • Near Schools • Near Shops • Fibre • Near University/Campus • Near Motorway • Near Shopping Mall • Near Public Transportation • Near Airport • Near Congress-Centre • On Busy Road • Near Hospital • Near Railway station • Near Fitness centre • Near Highway • Covered Parking • Near Medical Center
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Disclaimer: While every effort will be made to ensure that the information contained within the eXp South Africa website is accurate and up to date, eXp South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
