Property features

R4 500 000

Property Details

Plot Size: Approximately 49,865 sqm (nearly 5 hectares) Under Roof: Approximately 2,500 sqm factory building with overhead crane (not currently operational) Zoning: Special consent zoning approved for repair, maintenance, and sale of agricultural & industrial machinery Future Potential: Rezoning to full industrial for 20,000 sqm available (estimated cost: R700,000) Key Features: Reliable Eskom 80 Amp 3-phase power supply (upgradable) Borehole water with 2500L tank on stand and 5000L tank at factory Water pipeline servitude across the bottom half of the plot No municipal water connection; clean borehole water at 90m depth No load-shedding area due to water pipeline Safe area without security systems in place Factory Building Highlights: Divided into multiple rental units generating R60,000+ monthly rental income Sections available for rental at R20 per sqm plus VAT Over-designed, durable structure standing for over 30 years Western boundary built on the property line (waiver required for new plans) Non-working crane offers value to the right buyer (requires repair) Investment Potential: Ideal for industrial operations or investment with future rezoning potential Comparable plots in the area lack similar infrastructure Midvale's industrial growth plans make this a strategic investment Location Benefits: Close proximity to R59 Highway (1 km as the crow flies, 2.5 km via road) Between Henley and Meyer Street off-ramps Additional Information: Plans available but not submitted Cost to submit plans estimated at R60,000 Rezoning potential to full industrial for 20,000 sqm Contact us today for more details or to arrange a viewing of this exceptional industrial property in Meyerton!