R39,500,000
Investment Opportunity: Lakefront Development Land and Commercial Properties for Sale
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.
Features
Primrose, Germiston
- Street map
- Street view
Finance
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Disclaimer
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