In2assets will be auctioning a retail and residential development site in Morningside. The auction will take place at Mount Edgecombe Country Club on November 17 at 11am.
This rare vacant land development site is located on the sought-after and trendy Florida Road - a strip covering more than 2km of restaurants, pubs, nightclubs, art galleries and eclectic shops.
Morningside is an upmarket node in a mixed-use area comprising residential and commercial property. It offers quick access to freeways, and is close to amenities such as government and private schools and shopping centres.
This property, situated at 272-276 Florida Road, offers a consolidated site measuring 1032m² in extent. The vacant flat land offers ±1 545m² of bulk.
The previous buildings have recently been demolished and this is the only vacant site on Florida Road.
The property is located directly across from the Spar and is zoned General Commercial (allowing retail, commercial and residential options). The property benefits from a high exposure position and massive passing trade.
This property provides the opportunity for a mixed-use development within a good social and commercial infrastructure to promote the live, work, play lifestyle.
Approved plans and renders for a mixed-use development with retail on the ground floor and apartments above, are available.
Viewing is by appointment only. For more information, please contact Luke Hearn on 071 351 8138 or 031 574 7600 or email firstname.lastname@example.org.
The listing can be viewed here https://bit.ly/3grZhs9