This offer consists of two stands for the price of one. Erf 306 and erf 307 is in the heart of the Amorosa commercial hub and the two stands are sold together.
The two stands are situated on the corner of Muriel Street and Ryan Street, directly behind Phaalies Auto Dealership and covers an area of 4906 Sqm.
Erf 307 is zoned “Business 4" and erf 306 is zoned "undetermined", which refers to “can be rezoned” and include an attenuation pond for storm water. There is an existing building of roughly 1000sqm under roof on the property. The property is limited to a 17 kVA electricity allocation and any development that requires more electricity will have to be supplemented with renewable energy. Erf 306 has a standby water supply via a borehole sufficient for the entire property.
The existing buildings do not have building plans and can be demolished or incorporated into...
This offer consists of two stands for the price of one. Erf 306 and erf 307 is in the heart of the Amorosa commercial hub and the two stands are sold together.
The two stands are situated on the corner of Muriel Street and Ryan Street, directly behind Phaalies Auto Dealership and covers an area of 4906 Sqm.
Erf 307 is zoned “Business 4" and erf 306 is zoned "undetermined", which refers to “can be rezoned” and include an attenuation pond for storm water. There is an existing building of roughly 1000sqm under roof on the property. The property is limited to a 17 kVA electricity allocation and any development that requires more electricity will have to be supplemented with renewable energy. Erf 306 has a standby water supply via a borehole sufficient for the entire property.
The existing buildings do not have building plans and can be demolished or incorporated into a new development.
The bulk services contributions of R2,8m have already been paid to City of Johannesburg and the property is ready for a prime new development.
The primary land use rights of “Business 4” category are offices with secondary land use rights that include place of instruction, place of amusement, dwelling units, religious purposes, shops, restaurants, car sales lot, motor showrooms, special buildings, public or private parking area, residential buildings or childcare centers.
The selling price of this offer excludes VAT.
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