Commercial For Sale In Randburg

The 23 400 square meters prime developmental land, zoned to agricultural, in Lanseria presents an exceptional opportunity for a large development, especially with the upcoming Lanseria Smart City adding further value and potential to this investment the upcoming Lanseria Smart City adding further value and potential to this investment. PROPERTY FEATURES: Expansive Erf Size: With an expansive erf size of 23.4 hectares, this land offers significant potential for various development opportunities. Selling price: R16 050 000 LOCATION AND VIEWS: Situated in a perfectly positioned location, sharing the boundary with Lanseria Airport with the river flowing next to it. The land offers amazing views and elevation, enhancing the overall appeal and potential of the property. INFRASTRUCTURE: There are currently only Eskom power and Rand Water main supply lines that run against the eastern boundary of the property. No sewer, storm water or fibre infrastructure could be found on the City of Johannesburg website. The property bordered by the City of Johannesburg Urban Development boundary on the western boundary. The property benefits from 3-phase Eskom electricity availability, ensuring a reliable power supply. Additionally, an operational borehole provides a water source for various purposes. INVESTMENT POTENTIAL: Smart City Development: The upcoming Lanseria Smart City development ideal for hotel, commercial offices, solar plant etc.. Seller’s intentions were to develop the following among others: • Casino/Hotel with supporting activities such as fine restaurants, entertainment area; Hotel will definably work due to the proximity of the land to the Airport. • Kids Play/Family fun area (bowling, laser zone, twinkle club, water activities, cinema) and outdoor team building activities etc. • Spa, dining area (milky lane, spur, ocean basket) • Meeting halls and functions venue close to the water side. For more information and to explore this opportunity further, interested parties are recommended to contact us for a viewing. This will provide an opportunity to fully assess the potential and envision the possibilities offered by this remarkable property.