R39,500,000

R39,500,000

1,252m² Business Centre For Sale in Primrose
72a Rietfontein Road
Neels Potgieter
Neels Potgieter
Hans Ellis
Hans Ellis

Investment Opportunity: Lakefront Development Land and Commercial Properties for Sale

Web Ref. ALB-CS00062
Land size 162818.00 m²
Floor size 1252.00 m²
Monthly Bond Repayment
R353,960.01
This property with a private lake, is most likely the most unique in Primrose.

It offers existing facilities which includes,

• Office block, workshop and parking facilities
• Wedding venue with 2 chapels with beautiful surrounding nature for picturesque ceremonies
• Breathtaking lake with weekend for the serious fishermen. (Conditions apply)
• Features an events venue, perfect for hosting memorable gatherings
• Large open land for future developments

The above improvements and vacant space offer many options for improvement, additional developments and expansion. Endless opportunities. Some of the possible opportunities are:

- Vast land for the creation of 250 sectional title units.
- Development for more entertainment facilities at, and around the lake
- Open air Braai and entertainment development
- More office development
- Memorial garden, or columbarium walls
- Any other “out of the box thinking” developments
- Water filtration and bottle ling plant


Short summary of the main portions of properties:

o Erf 3009 (Main Development Land):
Size: 3.8 hectares with a portion extending into the dam
Zoning: 30 units per hectare, with approval for 70 units per hectare
o Erf 3011 (Workshop and Offices):
Size: 3,305 sqm
Zoning: Business
o Erf 3010 (Vacant Land):
Size: 782 sqm
Zoning: Business
o Erf 3069 (Portion 3 - Venue):
Size: 17,985 sqm
Zoning: Business and Commercial

Seller offers all properties as one lot FOR SALE at the advertised asking price.
May consider selling some of the individual pieces, but others will have to be sold as a "package".

This unique property creates an opportunity for the Owner / Developer that can think out of the “box” and make it more unique.

More detail available for the serious buyer. All relevant information and documentation will be made available with the due diligence process.

Neels Potgieter, registered with the PPRA as a Principal Property Practitioner, under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Johannesburg South, registered with the PPRA as a Business Practitioner, who does not operate a trust account.
Monthly Rates R12,500

Features

Zoning
Mixed Use
Interior
Sizes
Land Size 162,818 m²
Floor Size 1,252 m²
Additional Amenities
24 Hour Response
Smoking Allowed
Guest Toilet
Access Gate
Fence
Garden
Paveway
Pets Allowed
Scenic View
Security Post
Listing Info
Date Listed 30-03-26
Time Listed 03:58

Primrose, Germiston

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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer

While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.