Extent: ± 125 789 m² | Comprises of 28 residential buildings | 21 Houses and 7 are blocks of flats | Most of the houses consist of 3 bedrooms, a living room, kitchen, bathroom and separate toilet | Each house has its own garage | Each Flat has 4 bedrooms, a kitchen, bathroom and living room, as well as an outdoor toilet and garage | Partially Tenanted | Fully fenced with a combination of prefabricated concrete walls, steel palisade fencing and wire fencing
This residential property is located to the east of Clayville, on the East Rand, Gauteng. It has direct access onto Glenton Avenue and enjoys good access onto the M57 road.
The M57 is a major metropolitan route that connects Germiston with the south-eastern suburbs of Pretoria
The property is located in a residential node known as Clayville. It mostly offers residential properties with commercial and industrial properties located further east.
Current zoning is Agricultural
13 houses occupied and 8 were vacant. Only one block of flats was occupied (2 units) with the remaining blocks (20 units) all vacant. One of the garages on the smaller blocks was demolished.
The property has some vacant space to the east for further development. The permitted coverage is exceeded, and application for further development will have to be submitted for approval.
The buildings mainly comprise of face brick walls. Internal walls comprise a combination of plastered and painted bricks and face brick walls. The floors comprise a combination of tile floor coverings, carpets and concrete.
This property forms part of a national portfolio of Telkom & Gyro Properties. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com to obtain the full listing.
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