Property description

Prime Corner Plot for Sale in Parsons Vlei – Exceptional Development Opportunity

Location: 4 Juno Road, Parsons Vlei, Port Elizabeth
Size: 990m²
Current Zoning: Residential

Property Overview:

Nestled in the rapidly developing suburb of Parsons Vlei, this expansive 990m² corner plot offers a unique opportunity for developers and investors alike. Positioned right along Cape Road, one of Port Elizabeth's main arterial routes, the property ensures high visibility and easy access.?

Key Features:

• Strategic Location: Situated on the border of the sought-after Rowallan Park, the plot benefits from the amenities and appeal of both neighborhoods.?
• Proximity to Major Amenities: Just minutes away from Baywest Mall, the largest retail development in the Eastern Cape, offering over 250 shops, entertainment venues, and dining options .?
• Adjacent to Industrial Hub: Located opposite Algoa Steel, a prominent steel manufacturing conglomerate, adding to the area's economic vitality.?
• Educational Institutions Nearby: A variety of reputable schools are in close proximity, making it an ideal location for family-oriented developments.?
• Development Potential: As a corner plot with existing developments surrounding it, the property is primed for residential or mixed-use projects, subject to municipal approvals.?

Investment Highlights:

• High Visibility: Frontage on Cape Road ensures maximum exposure for any development.?
• Growing Demand: The area is experiencing significant growth, with increasing demand for residential and commercial properties.?
• Infrastructure: Well-connected by major roads and public transport, facilitating easy commutes to and from the area.?