2.8 ha Land available in Greenbushes

GREENBUSHES 27,478 m² AGRICULTURAL LAND | R1,200,000

A LAND-BANKING & INVESTMENT OPPORTUNITY WITH FUTURE POTENTIAL

An opportunity to acquire approximately 27,478 m² 2.75 hectares of land in the Greenbushes area of Gqeberha.

The property, Erf 145, is currently zoned Agricultural and is being offered at R1,200,000.

Situated away from the main road, the property offers an investor the opportunity to acquire a sizeable tract of land in an established and developing part of Greenbushes, with the potential to investigate a variety of future uses.

WHAT MAKES THIS PROPERTY INTERESTING

At approximately 2.75 hectares, this is substantially more than a conventional residential stand. It provides space and flexibility for an investor to investigate opportunities ranging from agricultural activities to possible future development, subject to zoning, planning, environmental, access and infrastructure approvals.

Potential opportunities could include:

- Agricultural use

Small-scale farming, vegetable production, horticulture, nursery operations or other appropriate agricultural activities.

- Future residential development

A developer could investigate the feasibility of rezoning and subdivision for residential purposes, subject to municipal approval, density considerations and the provision of services.

- Small residential development housing project

Depending on the applicable planning framework and infrastructure feasibility, the size of the property could make a residential development concept worth investigating.

- Storage or land-based business uses

Depending on future zoning and access, an investor could investigate storage, warehousing or other appropriate commercialindustrial-related uses.

- Specialised agricultural or lifestyle enterprise

The land could potentially suit a nursery, plant-growing operation, agricultural enterprise or other land-based business, subject to the permitted use.

- Alternative or renewable-energy-related use

The size of the property may also make certain renewable-energy or other specialised uses worth investigating, subject to technical, environmental and planning requirements.

- LONG-TERM LAND BANKING

For an investor with a longer-term vision, the property offers the opportunity to acquire land now and investigate how its highest and best use may evolve as the surrounding area develops.

CURRENT PROPERTY INFORMATION

Erf: 145

Size: 27,478 m² 2.75 hectares

Current Zoning: Agricultural

Asking Price: R1,200,000

Water: Not currently connected

Sewerage: Not currently connected

Electricity: Not currently connect