Office Space 425 Voortrekker Rd, Kensington, Maitland

1473m2 Re-Development Erf For Sale On Voortrekker Rd Maitland

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1473m2 of bulk land for sale in Maitland. The location is well positioned on Voortrekker Rd in Maitland. This land offers a great opportunity for student accommodation development. There are 2 houses in the plot that needs to be demolished. The remainder of the land for sale in Mailand is open. 2 Parameter walls around the property with one entrance.

The property for sale in Maitland offers the potential to be part of the social housing scheme. Maitland CID is active in the area. The building for sale in Maitland is ideally situated on Voortrekker Rd and close to public transport.

This affordable housing scheme will consist of:

- 145 Apartments
- 45 Parking Bays
- Studios, 1 Bed & 2 Bedroom Apartments
- MU2 (Mixed-Use 2)
- Floor factor (bulk): 4
- Maximum height above base level: 25m
- Coverage: 100%
- Setbacks: 0,0m up to a height of 10 m and 4,5 above 10 m.
- Parking may be provided on the ground floor within 10m of the road reserves.

- Feasibility study report with financials available.

Offers from R16.5mil will be considered

Contact Anvil Property Smith