8 565 m² Land available in President Park

A RARE DEVELOPMENT OPPORTUNITY IN PRESIDENT PARK, MIDRAND

A rare opportunity to acquire a substantial 8,565m² parcel of land, ideally positioned on Modderfontein Road in President Park, Midrand, offering excellent exposure and convenient access to major arterial routes.

IMPORTANT: EXISTING ILLEGAL OCCUPATION & VACANT POSSESSION

The property is currently occupied by illegal occupants. The owner has commenced the legal eviction process, which is anticipated to take approximately 36 months.

The sale and any offer to purchase will be strictly conditional upon the eviction process and the property being presented with vacant possession upon registration, subject to the terms and conditions of the accepted offer.

This strategically located property is ideally suited to investors and developers looking for land in one of Midrands rapidly growing areas.

LOCATION, LOCATION, LOCATION

The property offers excellent connectivity and is conveniently located:

On Modderfontein Road, providing excellent visibility and accessibility

Close to Olifantsfontein Road

Easy access to the N1

Approximately 7 minutes drive from Mall of Africa

Approximately 5 minutes drive from Boulders Mall

Convenient access to surrounding residential, commercial and business nodes

PROPERTY DETAILS

Land Size: 8,565m²

Current Zoning: Agricultural

Development Potential: Rezoning opportunities can be explored, with assistance available with the rezoning process

Existing Improvements: Informal structuresbuildings are currently situated on the property

Current Occupation: The property is currently illegally occupied

Eviction Process: The owner has commenced legal proceedings to obtain vacant possession, anticipated to take approximately 36 months

Sale Condition: The offer to purchase will be conditional upon the eviction process and the property being provided with vacant possession upon registration, in accordance with the accepted offer

A DEVELOPMENT OPPORTUNITY NOT TO BE MISSED

With its substantial land size, prominent main-road exposure and proximity to major transport routes and shopping centres, this property presents an exciting opportunity for an investor or developer seeking strategically positioned land in Midrand.

Please note that purchasers should be aware of the existing illegal occupation and the ongoing eviction process. The property will only be transferred subject to the agreed conditions relating to vacant possession.

Contact us today to arrange a viewing or obtain further information.