NEW
Web Ref JCL1305
R5,300,000
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R5,529
R5,529
Prime GB1 Zoned Commercial Development Opportunity.
Position your next development or business in one of Cape Town's fastest-growing commercial corridors. This exceptional 1,060m² GB1-zoned property on bustling Koeberg Road presents a rare opportunity to secure a highly visible site with outstanding development potential in the sought-after Tijgerhof, Milnerton.
With limited commercially zoned land still available in the area, this property offers the flexibility to redevelop, convert the existing improvements, or generate immediate rental income while planning your next project.
Property Features
Prime Koeberg Road frontage with exceptional exposure and high traffic volumes.
General Business 1 (GB1) zoning, offering exceptional flexibility for a wide range of commercial and mixed-use developments.
338m² existing dwelling with a separate flatlet, ideal for immediate rental income, owner occupation, office conversion, or interim use while development plans are finalised.
Previously approved demolition permit (now expired), demonstrating that redevelopment has been considered for the site.
Building height allowance of up to 11 metres (approximately 3–4 storeys, subject to municipal approval), creating excellent redevelopment potential.
Ideally positioned close to Century City, Montague Gardens, Paarden Eiland, and major transport routes.
GB1 Zoning Permits a Variety of Uses
The property's GB1 zoning provides outstanding flexibility for developers, investors, and owner-occupiers, including:
Retail shops
Professional offices
Restaurants and cafés
Service and convenience stores
Medical suites, clinics, dentists and physiotherapy practices
Veterinary practices
Showrooms
Mixed-use developments with ground-floor retail and apartments above
Residential apartments as part of mixed-use developments
Small-scale light industrial uses (subject to municipal approval)
Investment Highlights
✔ Prime 1,060m² development site
✔ Highly visible Koeberg Road frontage
✔ Mixed-use development potential of up to 3–4 storeys (11m height allowance)
✔ Existing improvements provide immediate income potential
✔ Ideal for developers, investors and owner-occupiers
✔ One of the few remaining GB1-zoned development opportunities in this sought-after commercial corridor
As Milnerton continues to experience strong commercial and residential growth, opportunities like this are becoming increasingly rare. Whether your vision is a modern retail centre, professional office building, medical hub, mixed-use development with apartments above, or a strategic long-term investment, this property offers the location, zoning and flexibility to bring your vision to life.
Property Details
Erf Size: 1,060m²
Existing Improvements: Approximately 338m² house with 2 separate flatlets
Zoning: General Business 1 (GB1)
Maximum Building Height: 12.5 metres (approximately 3–4 storeys, subject to approval)
Transfer Duty: Applicable
Don't miss this rare opportunity to secure a prime GB1-zoned property in one of Cape Town's most desirable commercial growth areas. Contact me today to arrange a viewing and discuss the property's exceptional development potential.
With limited commercially zoned land still available in the area, this property offers the flexibility to redevelop, convert the existing improvements, or generate immediate rental income while planning your next project.
Property Features
Prime Koeberg Road frontage with exceptional exposure and high traffic volumes.
General Business 1 (GB1) zoning, offering exceptional flexibility for a wide range of commercial and mixed-use developments.
338m² existing dwelling with a separate flatlet, ideal for immediate rental income, owner occupation, office conversion, or interim use while development plans are finalised.
Previously approved demolition permit (now expired), demonstrating that redevelopment has been considered for the site.
Building height allowance of up to 11 metres (approximately 3–4 storeys, subject to municipal approval), creating excellent redevelopment potential.
Ideally positioned close to Century City, Montague Gardens, Paarden Eiland, and major transport routes.
GB1 Zoning Permits a Variety of Uses
The property's GB1 zoning provides outstanding flexibility for developers, investors, and owner-occupiers, including:
Retail shops
Professional offices
Restaurants and cafés
Service and convenience stores
Medical suites, clinics, dentists and physiotherapy practices
Veterinary practices
Showrooms
Mixed-use developments with ground-floor retail and apartments above
Residential apartments as part of mixed-use developments
Small-scale light industrial uses (subject to municipal approval)
Investment Highlights
✔ Prime 1,060m² development site
✔ Highly visible Koeberg Road frontage
✔ Mixed-use development potential of up to 3–4 storeys (11m height allowance)
✔ Existing improvements provide immediate income potential
✔ Ideal for developers, investors and owner-occupiers
✔ One of the few remaining GB1-zoned development opportunities in this sought-after commercial corridor
As Milnerton continues to experience strong commercial and residential growth, opportunities like this are becoming increasingly rare. Whether your vision is a modern retail centre, professional office building, medical hub, mixed-use development with apartments above, or a strategic long-term investment, this property offers the location, zoning and flexibility to bring your vision to life.
Property Details
Erf Size: 1,060m²
Existing Improvements: Approximately 338m² house with 2 separate flatlets
Zoning: General Business 1 (GB1)
Maximum Building Height: 12.5 metres (approximately 3–4 storeys, subject to approval)
Transfer Duty: Applicable
Don't miss this rare opportunity to secure a prime GB1-zoned property in one of Cape Town's most desirable commercial growth areas. Contact me today to arrange a viewing and discuss the property's exceptional development potential.
