Prime Development Opportunity in Walvis Bay, Meersig
We are pleased to present a rare and valuable investment opportunity in the well-established suburb of Meersig, Walvis Bay. This expansive vacant plot, measuring 8,399 square meters, is strategically zoned for local business, offering a multitude of development possibilities with no height restrictions.
Development Potential:
The property is primed for a variety of developments under its primary rights, including:
- Retail spaces
- Business premises
- Residential buildings
- Dwelling houses
- Dwelling units
In addition to these primary rights, the plot also offers consent rights for more specialized developments such as:
- Places of public worship
- Institutional buildings
- Service stations
- Places of instruction
- Places of amusement
Development Specifications:
The property allows for extensive coverage and is subject to a generous bulk factor of 2.0, ensuring optimal use of space:
- Residential buildings and dwelling houses can cover up to 60% of the plot.
- All other types of buildings can cover up to 85%.
Parking Allocations:
This plot accommodates various parking requirements to suit different development types:
- Residential buildings: 1 parking bay per dwelling unit
- Hotels: 1 bay per 50 sqm of floor area
- All other uses: 3 bays per 100 sqm of floor area
Location Benefits:
Situated in a well-settled suburb, this plot is conveniently located close to a golf course, providing both aesthetic appeal and leisure opportunities. This setting is ideal for attracting both business and residential interests.
Contact Information:
This vacant plot is an ideal opportunity for investors looking to capitalize on Walvis Bay's expanding market. For more detailed information or to arrange a viewing, please contact Rochelle Mulder at +264 81 859 3213.
Don't miss out on this unique opportunity to develop a prime piece of real estate in one of Walvis Bay’s most desirable areas.
