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49 Newton avenue, St Georges Park, Port Elizabeth (gqeberha), Eastern Cape
R 2 800 000
Prime High-Density Residential Commercial Development Opportunity 49 Newton Avenue, St Georges, Port ElizabethAsking Price: R2.8 Million | All Reasonable Offers ConsideredAn exceptional opportunity awaits in the heart of St Georges, Port Elizabeth. Situated adjacent to St Georges Hospital and in alignment with the LSDF town-planning framework, this expansive 2,248 m² property is earmarked for high-density residential development of up to 10 storeys, with potential for commercial or mixed-use projects.Whether you''re looking to develop student housing, medical suites, educational facilities, or upmarket apartments, this site offers unmatched potential in one of the city''s most connected and fast-developing areas.Key Features:Zoned Residential not heritage-listed with potential for rezoning to mixed-useMassive 2,248 m² erf offering ample space for redevelopmentExisting 4-bedroom house on-site ideal for renovation or conversion into offices or medical useStrategic location next to the hospital, close to schools, shops, public transport, and urban regeneration zonesIdeal for: Residential flats, medical suites, educational facilities, or a combination thereofThe property''s true value lies in its location and scale a rare find in this growing suburb. Whether you repurpose the existing structure or pursue a completely new development, the site offers flexibility, strong market demand, and high investment potential.Dont Miss OutUnlock the full potential of this versatile development site in St Georges. Contact us today to arrange a viewing or submit your offer. Show more Show less
Estimated monthly repayment
R 26 441
on a R 2 520 000 bond over 20 years at 11.25%
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49 Newton avenue, St Georges Park, Port Elizabeth (gqeberha), Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Dylan Ngcobo
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