Commercial space in Noordwyk
Noordwyk, Midrand, Gauteng
Listed by
Peter Mabale
Real Estate Services
Details
Prime Development Opportunity Land for Sale Lever Road, Midrand Strategically located land on Lever Road, Midrand one of the areas busiest thoroughfares.Rezoned to Residential 3, allowing medium-density residential development.Estimated development potential: approximately 163 residential units.Currently used for business purposes, simplifying immediate site control and transition.Only 4 minutes from New Road and within short drive of major shopping complexes and a regional mall.Key Investment HighlightsHigh-visibility site with exceptional passing traffic and strong commuter catchment.Excellent access to retail, amenities and public transport nodes ideal for marketable apartment product or mixed residential scheme.Ready for large-scale development with permitted residential zoning Residential 3 attractive for institutional or private developers.Strong rental and sales demand in Midrand supports robust absorption forecasts for quality stock.Potential UsesMid-rise apartment complex multi-unit residentialPurpose-built rental apartments or sectional-title unitsMixed-use scheme with ground-floor retail convenience nodes subject to approvalsNext StepsSite inspection and due diligence recommended services, title, bulk services, traffic impact, and final unit yield confirmation.Contact listing agent to arrange viewing, request site plans, zoning documentation and feasibility studies.
Location
Map showing the location of Commercial space in Noordwyk