PREMIUM MIXED-USE DEVELOPMENT OPPORTUNITY!!
An exceptional opportunity to acquire a strategically located mixed-use development on this 6.56ha piece of land that has already progressed through the most complex and time-consuming stages of the township establishment process. With the township establishment completed and only final municipal approval outstanding, this project offers developers a significantly de-risked investment with reduced planning uncertainty and a faster path to implementation.
Originally comprising of three agricultural properties, the site is in the process of being consolidated into a single development and subdivided into four erven. With final approval from Mogale City Local Municipality anticipated in the foreseeable future.
Upon proclamation, the development will comprise four fully zoned erven:
• Business 2
• Business 3
• Residential 4
• Private Open Space
This carefully planned mixed-use precinct provides the flexibility to deliver an integrated residential and commercial development, creating multiple opportunities to maximise land value, optimise development yields and generate strong long-term investment returns.
The successful purchaser will acquire a project where the most significant planning and regulatory hurdles have already been overcome. Following final municipal approval, the remaining statutory process includes finalising the Conditions of Establishment, preparation and registration of the General Plan, and township proclamation, which will convert the agricultural land into fully zoned development erven will be the responsibility of the purchaser.
Development opportunities at this advanced stage of approval are seldom available. This is an outstanding opportunity for developers and institutional investors to secure a mixed-use development with planning certainty, reduced lead times and exceptional long-term growth potential.
Please contact me for any additional information which may be required.