For Sale R1,500 per m² - Industrial property, Vacant land
Prime industrial land for sale in Richmond Park, Milnerton, Cape Town
This is the last piece of land that is available for sale in Richmond Park and is an excellent opportunity for an owner-occupier or developer looking to develop an industrial property or building in a secure development.
Richmond Park is situated relatively close to Cape Town, the Cape Town port, Montague Gardens and areas like Durbanville in the Northern suburbs.
The selling rate of R1500 per sq/m offers excellent value considering that there is very little vacant industrial land available for development in the area.
This opportunity to purchase a prime piece of industrial land at a good price in a secure business park in a good location should not be missed.
Richmond Park will be a brand-new multi-billion rand mixed-use, industrial and commercial mega property development, situated adjacent to the N7 highway in Milnerton, in the West Coast growth corridor of the greater Cape Town metropole.
Richmond Park is an 84-hectare landmark business park and mixed-use precinct consisting of retail, light industrial, commercial and warehousing property developments.
The property has bulk development rights of some 500 000m², however, the first phase of the project will entail developing about 300 000m² over the next five to ten years.
The park’s strategic location in Milnerton, with great visibility and access to the N7 highway and other key arterial routes, makes it a prime location for commercial and industrial property developments in Cape Town.
Within the Richmond Park precinct, property investors, owner-occupiers and tenants can look forward to wide boulevards and landscaping, amongst other features, including security, that will set it apart from other business parks in the region.
The precinct is being designed to interface well with the surrounding properties and neighbourhood.