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Hyde Park, Hyde Park, Sandton, Gauteng
R 6 120 300
Magnificent Development Opportunity in the Metropolis Node of Hyde Park Situated in the prestigious Metropolis node of Hyde Park, this exceptional property presents a rare opportunity for investors and developers, offering three compelling development scenarios: Residential Development (Res 4 – Potential Zoning) Subject to approval, the property may be rezoned to Res 4, allowing for a multi-storey apartment development. This option is ideal for developers seeking to maximise unit yield and capitalise on strong residential demand in this prime location. Commercial Development (Business 4 – Potential Zoning) Alternatively, the property lends itself to Business 4 zoning, making it well-suited for an office park, corporate headquarters, or medical consulting suites. The location supports strong commercial viability and accessibility. Boutique Hotel Conversion Retain the existing structure and transform it into an elegant boutique hotel. With the right vision, this property could become a standout hospitality offering in one of Johannesburg’s most sought-after suburbs. This is a versatile and strategic investment opportunity in a prime position, offering multiple avenues to unlock significant value.
Estimated monthly repayment
R 57 796
on a R 5 508 270 bond over 20 years at 11.25%
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Hyde Park, Hyde Park, Sandton, Gauteng
Listed by
Busisiwe Swanepoel
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