Prime Position, Endless Potential
A rare opportunity presents itself with an open erf in one of the most sought-after suburbs in South Africa – Clifton.
This 600m2 piece of land is conveniently situated on Victoria Road, only a stone’s throw away from Clifton’s pristine, white sandy beaches.
The plans for a world-class development, makes this an opportunity of a lifetime for any developer or investor.
This development proposal consists of a fully automated parking garage for 21 vehicles, a boutique luxury hotel with 18 suites, pool terrace as well as 235m2 of entertainment, dining, kitchen and back of house.
The building has 3 levels of basement parking and 7 levels above ground. The ground floor includes a retail space, ideal for a coffee shop or hotel concierge lobby.
Alternatively, there are plans to use this piece of land solely for 10 storeys of parking bays that can be leased or sold to property owners of the surrounding areas is also optional.
One’s scope really is endless.
Size: 534m2 plus 70m2 passageway to be acquired
Zoning: General Business 1 (GB1)