This property is a prime location for property developers looking to develop an industrial business park, retail businesses and or residential estate. It is situated between Clayville Industrial and Glen Austin, with easy access to Olifantsfontein Road leading to the R21 highway. This busy road connects Pretoria to Kempton Park and OR Tambo International Airport, and provides convenient access to Johannesburg, Durban, and Mpumalanga routes.
The property boasts a generous size of 85,600 square meters, with the current owner utilizing 10,600 square meters for their business. This leaves 75,000 square meters of land available for new development, with existing rights for a restaurant. The current area features a warehouse, workshop, office space, and 23 cottages, each with their own prepaid electricity meters. There is also a laundry room with coin-operated washing machines for tenants, a spacious two-bedroom house, entertainment area, guard room with CCTV monitors, fish pond, swimming pool, lapa, ten carports, and ample parking space.
The current income generated from the cottages, warehouse, workshop, and office space is approximately R100,000 per month. The warehouse measures 400 square meters, the workshop 200 square meters, and the storage warehouse located behind the cottages is 23 square meters. There is also a small storage room next to the main residence measuring 6 square meters, a garden tool shed of 12 square meters, a security room of 4 square meters, a laundry room of 9 square meters, and a bar area by the pool of 12 square meters. The 23 cottages cover a total area of 948.71 square meters.
The property is equipped with two boreholes, one of which supplies water to the entire area. There is also a backup generator for times of load shedding. The property is on Eskom power bulk rate and has a three-phase electricity supply.
This is a rare opportunity to invest in a highly sought-after prime land with excellent potential for development and a steady income stream. Don't miss this chance - contact us today to schedule a viewing.
+27 (0)83 585 3130
whatsapp agent
william@dipekwa.co.za
william@dipekwa.co.za
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