BARGAIN! 830 HECTARES (8.3 MIL SQM) AT R2.50 PER SQM - IN JOHANNESBURG
Land size is 831 Hectares (8,3 million sqm)- it is currently the largest available land in the broader Johannesburg area. unzoned, but has massive future potential for mixed development. - The land is located 40 minutes from the JHB metro to the south, it is the only land of this size within a 2 hour radius of JHB. - Its a very valuable piece given its excellent excellent location on the R28 (with N1 frontage) and with easy access to 2 nationals roads,and its proximity to existing towns and townships. - The land is currently agricultural and is not rezoned as yet. It is currently just outside the urban edge. The land does however have massive future development potential as it is on a future commercial link node in terms of the town planning framework, making it a very bankable piece over the long term.Our estimates are that the land has potential for atleast 15 000 housing units as part of a mixed development that can include a hospital, schools,retail centre etc. - Asking price is R21mil excluding VAT (R2.50 per sqm -BARGAIN!) Please note that asking price is excluding VAT but the transaction can however be zero rated for VAT. - SERIOUS CASH BUYERS ONLY PLEASE
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