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**Prime Development Opportunity in Walvis Bay, Meersig**

N$ 10,000,000

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Agent Details

LaRochelle Properties

Rochelle Mulder

Rochelle Mulder

+264 818593213
[email protected]

Agent Listings

LaRochelle Properties

Lorraine Flucks

Lorraine Flucks

+264 857390305
[email protected]

Agent Listings

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**Prime Development Opportunity in Walvis Bay, Meersig**

**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.

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