POA | Commercial Property for Sale in Auckland Park

Johannesburg, Auckland Park

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Erf Size: 10 083 m²

Commercial land

This commercial land is situated in a cul desac in the NATURENA HILLS. It is divided into two properties. One property is 1.80 Ha, which is zoned RES 4 ( READY TO BE DEVELOPED). The second property has a double storey building, and it is 1200 m2.
The vacant land is near UJ University,10 minutes from the SOWETO UJ CAMPUS. It is on the Metro bus,Reavaya, and taxi services.
The vacant land has a fantastic 360 degrees panoramic views. Should a Developer decide student accommodation it will be 216 Units and if residential it will be 76 units of 2 bedrooms.
Because of its location on the NATURENA HILLS, it has a business opportunity to crush stones. The stones can reduce the building costs. As it is site clearing, no mining license is required to crush stones. Option 1 is shares in the company to develop together. Option 2 is outright purchase.