5 ha Land available in Elandsfontein AH

R 62 000 000

Jacques Smit

Leadhome

5 ha Land available in Elandsfontein AH

R 62 000 000

4 kraft road
Can I afford this?
Land Area 5 ha

Industrial / Business Property

or

Potential for High Density Residential

The property is Currently Zoned Industrial 1, with a 85% Coverage, with a 0 Height Restriction!!! The property can be easily converted to Residential.

Between Olifant, Kraft, Serenade & Amber St, Elandsfontein / Rietfontein - Germiston (Near Jetpark)

Prime and NOW READY for Development - +-52,000 Square Metres

The first 9874 SqM from the initial +- 62,000 SqM have been sold to the municipality. The front section will have a new infrastructure including a new formal taxi rank and other facilities.

High Density Residential

A Full Feasibility Study has been completed for High Density Residential on the property. The results are outstanding should a developer wish to convert to Residential. Full details of the study will be available upon full qualification of the interested party.

Strengths and Opportunities

Accessibility

Proximity to public transport facilities

Proximity to employment areas

Proximity to residential development

Site is not environmentally sensitive

Site is surrounded by existing infrastructure

Minimum of 560 Units can be built. Up to 780 could be built!

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Jacques Smit

Jacques

Smit

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Experience Kempton Park

Convenience is key for those who choose to live in Kempton Park. The close proximity to O.R Tambo International Airport and the many business parks mean that residents spend less time fighting traffic and more time doing what they love. The lifestyle in the area is fast-paced and there is lots to do for all age groups.

Boys playing rugby at a school in Kempton Park
Find out more about Kempton Park

5 ha Land available in Elandsfontein AH

R 62 000 000

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