Great Investment Opportunity.

About Property

The residential area covering approximately 37,5m x 70m =2 625m² has a palisade fence at the front and precast walls on the side and back with an electric fence around. The property has a strong borehole with a pressure pump and a JoJo water reservoir on a stand. Existing units on the property have pre-paid electricity and individual water meters. Potential Income generated from house, offices units is R 140 000.00.

Also included is the company cc.

COMMERCIAL SECTION:

• Slabs and pits used for vehicle maintenance.

• 4 x Wendy Houses

• 1 x Site Office

• 1 x Ablution Facilities

• 4 x Storage Rooms

RESIDENTIAL SECTION:

• Pool and braai area

• Security, electric fencing and beams

• Carports/ Secure Parking

• 3 x One Bedroom Flatlets

• 3 x Studio Flats

• 1 x Spacious 3 Bedroom House

• 1 x 180sqm Warehouse could be divided into 3 more One Bedroom Flats

• 1 x 40sqm Thatch Lapa and Office

The upside to this property is immeasurable. There are still many sections that increase the property’s income quite quickly. Between logistics companies and the back residential section, a large piece of yard space can be used, for example, by a fleet company to park cars & trucks. The stand is currently zoned as agriculture holdings and an application for rezoning to Business 2 is in process with Town Planner. The buyer can proceed with the application and rezoning. The Plot has cleverly been divided into a Residential and a Commercial Section.

Perfect location close to OR Tambo International Airport.

Easy access to R21 Highway.

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