Property features

R7 800 000

Property Details

Prime 9-Hectare Investment Opportunity – Ideal for Port Elizabeth’s Growing Spatial Development This property offers an exceptional investment opportunity, perfectly positioned to benefit from Port Elizabeth’s ever-expanding spatial development plans. Logistics & Accessibility: Conveniently located near the N1 Freeway, airport, and major transport routes, this property is ideal for logistics and industrial operations. Ample Parking & Heavy Vehicle Access: The property features ample parking and a large turning circle, suitable for accommodating heavy vehicles. Utilities & Infrastructure: Equipped with three-phase electricity, municipal water, and backup water supply, ensuring uninterrupted operations. Expansive Buildings & Zoning: The property includes over 2,300 square meters of existing buildings, with special zoning approved under Section 8 of the spatial development plan. This allows for a maximum 5,000 sqm footprint for future development. Current Usage: Warehousing & Workshops: 1,520 sqm Office Block: 300+ sqm Storage garages: 220 sqm Accommodation,Storage & Agricultural Land: 150+ sqm, suitable for employees, storage, and small-scale farming. Water Resources: An existing borehole is on-site, which, once flushed and fitted with a pump, can provide additional water supply.