Superb corner location with direct exposure and visibility from both Main Reef road (R28) and Main Road (R559) in the Randfontein area. Developments are currently underway on two of the other corners. Total size of the land is just under 5.2 Hectares, however, approximately 1.1 Hectares is road servitudes leaving around 4.1 Hectares available for development. The property has been approved for "Special" zoning for the purposes of "industry, retail trade and wholesale trade and uses as approved by the Local Authority from time to time". Permitted FAR and coverage allows a total GLA of up to 26,000 m2 to be built on this site. Great development opportunity. Current zoning conditions allow access to the land only via Steyr street in the back (Gautrans can be approached to apply for
possible Main road access). In 2019, electrical capacity of 315 KVA could be supplied by the council (buyer to confirm current status). Council will support additional land uses including sit down and drive-thru restaurant, filling station and motor dealership, subject to a rezoning application.
**Transfer duty will be applicable**
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