Commercial plots at Les Jardins D'Arsenal

Arsenal, Terre Rouge, North

Rs5,370,000

Arsenal, Terre Rouge, North

/ month

682 m²

Description

The commercial plots at Arsenal, located at the entrance of “Les Jardins D'Arsenal,” present a highly strategic opportunity for various types of developments. Here’s a detailed look at the features and potential uses of these plots:

Location Advantages:
Proximity to Key Landmarks:

Shell Fuel Station: Just 50 meters away, ensuring high visibility and easy access for any commercial ventures.
Tourist Shops at Balaclava: Close to the road leading to Balaclava, where tourist shops are located, which can drive foot traffic and increase business visibility.
Accessibility:

Hotels: Within a 5-minute drive to major hotels in Balaclava (Maritim, Westin Turtle Bay, Intercontinental, Le Meridien), providing potential clientele from the tourism sector and offering convenience to business travelers.
Plot Details:
Size and Configuration:

Total Area: One acre (approximately 40,468 square feet or 3,759 square meters).
Individual Plots: Can be sold as four separate plots, each approximately 25 perches (approximately 1,065 square feet or 99 square meters) or as a single acre unit.
Structure Allowance: Ground plus two floors, offering flexibility for various types of developments.
Pricing:

Cost: Rs 30,000 per toise (1 toise = 1.06 square meters), which translates to Rs per acre (considering the total plot area).
Development Potential:
Commercial Uses:

Convenient Shops: Ideal for retail stores or service-oriented businesses targeting both locals and tourists.
Business Units: Suitable for offices or other commercial units, benefiting from high visibility and accessibility.
Mixed-Use Developments:

Residential Complexes: With the allowance for a ground plus two structure, the plots can be developed into residential complexes, potentially attracting residents due to the proximity to hotels and other amenities.
Tourism-Related Businesses:

Shops or Services for Tourists: Given the close proximity to hotels and tourist areas, the plots are well-positioned for businesses catering to tourists, such as souvenir shops, travel agencies, or dining establishments.
Investment Appeal:
High Demand Area: The location near major hotels and tourist attractions makes these plots a potentially lucrative investment, with high demand for both commercial and residential spaces.

Flexibility in Sale: The option to purchase plots individually or as a whole acre allows for flexibility depending on the buyer’s needs and scale of their planned development.

Growing Area: As part of a semi-gated residential morcellement with 170 plots, the area is likely to continue growing, increasing the value and attractiveness of these commercial plots.

Overall, these plots offer a prime location with excellent potential for a range of commercial and residential developments. The proximity to major hotels and tourist areas, coupled with flexible purchasing options, makes them a valuable opportunity for investors and developers.