An exceptional opportunity to acquire a substantial 17,026 m² vacant development site strategically positioned in the established suburb of Parkgate, Verulam. Offering a rare combination of scale, accessibility and favourable zoning, this property presents an outstanding prospect for developers, investors and owner-occupiers seeking a well-located site with significant development potential.
Locality
Situated along Leicester Road, the property enjoys excellent accessibility to the surrounding residential and commercial precincts of Parkgate and Verulam. The site benefits from convenient access to major transport routes including the R102, the N2 and King Shaka International Airport, while being positioned within a well-established urban environment that continues to experience ongoing residential and commercial growth.
Improvements
The property comprises a level to gently sloping vacant site extending to approximately 17,026 m², providing a blank canvas for future development. The site's generous size and configuration allow flexibility in planning and design, making it suitable for a variety of institutional, administrative and office-related developments, subject to the relevant municipal approvals.
Development Potential
The property is zoned Administration, permitting a range of primary land uses including but not limited to: Cemetery / Cremotorium, Government and Municipal Offices, Office Developments, Medical Offices, Educational Establishments, Motor Vehicle Test Centres, Funeral Parlours.
In addition, various other uses may be considered by way of Special Consent, providing further flexibility for future development.
Surrounding Environment
Parkgate has become one of the northern region's rapidly developing suburbs, benefiting from continued residential expansion and increasing demand for supporting institutional, educational and administrative facilities. The property's location offers convenient access to surrounding residential communities, public transport networks and key commercial nodes, making it well suited for a wide range of future developments.