Proposed Light Industrial Development Opportunity in Bapsfontein

Proposed Light Industrial Development Opportunity in Bapsfontein

This strategically located property on the Main Road in Bapsfontein, close to the four-way crossing, offers an exceptional opportunity for investors and developers.

The area has been earmarked for Light Industrial development. The property is currently zoned agricultural, however the application for rezoning has already been approved by council, with final zoning to be completed by the new owner. This creates an excellent opportunity for commercial or light industrial development, such as a truck yard, truck stop, logistics hub, or industrial business premises.

The property offers dual street access, including direct access from the Main Road, making it ideal for commercial traffic and business operations.

Existing Improvements:

The property includes a 3-bedroom house featuring:

1 full bathroom

Open-plan kitchen, lounge, and dining area

Study

Entertainment area with a boma

Double carport

Garden with sprinkler system running on grey water

Additional infrastructure includes:

Large workshop (approximately the size of five garages), covered on three sides and open in the front

Container office which will remain on the property

Utilities & Services:

Borehole water supply

Eskom power: 25 KVA, with the possibility to upgrade to 80 KVA

Income-Generating Tenants:

The land currently accommodates multiple tenants, generating a total rental income of approximately R29 000 per month, including:

Scrap metal dealer

Trailer dealer

Tyre business

Diesel depot

Agricultural tenant farming 3.5 hectares of vegetables

Please note: Eskom has a small servitude over one corner of the property.

This property offers excellent potential for investors looking for a development opportunity with existing rental income in a growing commercial corridor.