R18,999,000

2 bedroom small holding for sale in Nooitgedacht

Rezoned Land for Sale in Lanseria - Commericial Development Opportunity close to Lanseria Airport. This property is comprised of two neighboring portions of farmland, totaling 35.44 Hectares of prime development land, earmarked for commercial and light-industrial zoning.

The property is situated within the Northern reaches of the sub-region of Gauteng, in Lanseria, along the R512, approximately 3 km North of the N14 Krugersdorp highway, immediately South-West of Lanseria Airport, in the emerging Lanseria area Precinct. According to Joburg City’s Regional Development Framework (RDF), this area is earmarked for commercial development associated with the airport. This forms part of a broader urban expansion strategy, which includes the recent road upgrade of the R512 to create a freight corridor road, the planned freeway and the extension of the K33 road. The RDF also plans to improve public transport services and infrastructure, along these roads.

The property is positioned South-West of Lanseria Airport; with visibility and access from the R512 Pelindaba Rd (extension of Malibongwe Dr).

The property is being sold with the vacant occupation. Currently, there are tenants occupying business premises (has business rights) on both properties, on a month-to-month basis, providing a nominal rental income, which contributes to the servicing of the municipal rates and maintenance expenses. Both businesses are currently operating. Purchase Price Excludes VAT

Property Type
Small Holding
Bedrooms
2
Bathrooms
2
Stand Size
37ha
Parking
2
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small holding listed on 19 Aug 2020