High exposure Commercial/Industrial Property for Sale

Property Details

Industrial Development Opportunity - R59 Corridor Located in Midvaal, Meyerton, bordering the R59 Development Corridor, 43 Morris Street Meyerton can be accessed from Johan Le Roux and Meyer Street offramps. This prime industrial land is zoned Industrial 1 and measures 60,714m2 in total, with 34,152m2 available for development as per municipal restrictions. The property has 145m of land bordering the R59 freeway. The existing improvements include a completely walled section with 755m2 under roof, consisting of office/residential space. These are 20 room buildings that were previously used for residential and office purposes and is currently being used as a guest house. There is also approximately 250m2 of workshop space and staff living quarters. Bulk services have already been paid to the council. The property has 2 separate approved entrances. An approved power supply of 47KVA (3 phase) is installed and operational. It can support up to 2000KVA with additional power possible due to its location. There is initial approval in place for a double-sided 4.5m x 18m billboard on the R59 freeway for buyers requiring significant advertising exposure or signage income. There is an option to rezone for alternative uses, including heavy industrial as referenced in the Midvaal R59 Corridor Spatial Development Framework. The Spatial Development Framework indicates mixed-use zoning for property east of the R59, with special attention to property close to the train station allowing for large-scale manufacturing and/or heavy industrial services. 43 Morris property is 1km from the train station. This is a golden opportunity for businesses looking to invest or relocate to the well-managed and award-winning Midvaal Local Municipality. For further information, kindly contact us. Disclaimer: Accurate and factual information has been provided for these property details as far as possible. However, this information is only intended to serve as a guide for any potential buyers, and they should take the necessary steps to acquaint themselves with the property before making an offer to purchase. It is important to note that we cannot accept any liability or responsibility for any omissions, errors, or misstatements in the property listing.