Property details

Erf size:
202,330 m²
Operating Costs:
R5,592 per month
Sewer:
R1,202 per month
Dustbin:
R100 per month
Equipment Leases:
R2,340 per month
Rates and Taxes:
R1,087 per month

Features

  • Metal roof
  • Plastered walls
  • Steel windows
  • Fence boundary
  • Garden with natural dam

Exceptionally well located Alrode South development site- Thokoza & Meyersig border

A significant 15,5 hectare flat tract of agricultural holding land with a freshwater dam fed by underground springs of approx. 4,5 hectares , totaling 20,2 hectares, await a developer syndicate operating in the mixed use retail and town-housing fields of expertise to harvest its full potential. With numerous close by housing schemes being recently developed nearby this site e.g. Thokoza Gardens, Leopard Rest, together with the established industrial factories & warehousing close by in Alrode South the community requires a convenience suburban shopping centre of at least 12 000 square metre footprint with attendant parking, which is possible on this large tract of land. Interest by major food supermarket groups and other retail chains and entrepreneurs. In addition, the approximate 4.5 hectare dam holds significant opportunity for recreational and water-sports activities to exploit full potential of the picturesque site. A building hall in good condition of 500 square metres is used on site as a Church. The large volumes of clay tile aggregate, estimated at 200 000 tonnes, on site are available for landfill where required in the new project ground-works or bulk re-sale to landscapers. Three phase power supply onto site carrying current Fixed and Network access monthly charges of totaling R 5 593,00 per month is billed to the Seller. assessment rates at agricultural holding rates as per the current zoning. Convenient major access roads bounding the site is the Old Vereeniging and the Katlehong Roads fed by the Kliprivier Road off ramp at the R 59 Motorway 1 km to the West of the site. Calling investment syndicates and project developers to investigate the site's potential, view with Pam Golding's Commercial specialist, and negotiate on the back of your feasibility study for a significant primary retail development with Sectional-title town-housing project potential.

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1 Vereeniging Old Street, Alrode South

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