5 000 m² Land available in Die Hoewes

An exceptional development opportunity awaits in the established and highly sought-after area of DIE HOEWES. This substantial 5,000m2 stand is ideally positioned on a busy corner, offering excellent visibility and convenient access, making it an attractive opportunity for investors, developers and entrepreneurs.

The property is currently zoned Agricultural, with no business rights presently registered. However, according to the owners, discussions with the Town Planning Department have indicated that an application for alternative development rights may be favourably considered. Potential uses discussed include:

Approximately 7 to 9 townhouses

An office block

Storage facilities

Other suitable development opportunities, subject to the necessary town planning applications and approvals

The property''s prominent position in DIE HOEWES, combined with its substantial land size and accessibility, creates exciting potential for future development.

Servitudes

The property is subject to the following servitudes:

6m right-of-way servitude along the western side of the property

7m City Council road-widening servitude along the eastern side

A small corner section of approximately 9m x 9m is currently utilised by MTN for a cell phone tower. The existing tower lease runs until July 2027, with the lease expected to be renewed until 2030, providing an additional rental income opportunity.

Rental & Property Costs

Cell phone Tower Rental:

R8,206.10 per month, based on the rental analysis from 01 April 2026 to 01 March 2027.

Approximate Municipal Costs:

Property Rates: R2,806.96

Water: R459.74

Sanitation: R259.27

The property currently contains four temporary structures, together with Wendy houses, storerooms and toilets. The existing business operations on the property are excluded from the sale.

This is a rare opportunity to acquire a substantial piece of land in DIE HOEWES, with excellent visibility, existing cell phone tower rental income and significant potential for future development, subject to the required planning applications, zoning changes and municipal approvals.

Viewing is strictly by appointment, with one day''s advance notice required.