TELKOM-000094 | SOLD

TELKOM PORTFOLIO: Potential Development Land next to Montana Retail Park, Pretoria

Bougainvillea Road, Pretoria, City of Tshwane Metropolitan Municipality, Gauteng

TELKOM PORTFOLIO: Large Property next to Montana Retail Park, Tshwane. Bougainvillea Road, Pretoria

Extent: ± 61 008 m² | GBA: ± 7 007 m² | Zoning: Special | Permitted uses: Distribution centres, warehouse, industrial usage | Improvements: Offices, storerooms, double volume workshops/laboratories and additional storage space | There are land claims registered on the property | Communication Tower: The purchaser is compelled to enter into an Occupation & Use Agreement with Swiftnet SOC Limited for a period of 10 years at R4,500.00 ex vat per month


Prominent Development Site next to Retail Park Tshwane

In2assets is proud to present a unique and well-positioned property in Tshwane that seems to be the perfect spot for further commercial development.

The property previously used as a Telkom Service hub offers the perfect opportunity to develop a multifaceted commercial and retail facility with numerous outlets or can be seen as the perfect spot for a unique lifestyle centre.

Location:
The property is located in one of the northern suburbs of Pretoria in a township known as Montana Tuine. Surrounding suburbs include Zambezi Country Estate (north), Wolmaranspoort Agricultural Holdings (east), Montana Park (south), and Sinoville and Montana (west).

The site is accessed via Bougainvillea Road but borders onto Sefako Makgatho Drive, which experiences high traffic volumes and provides excellent exposure. This business hub includes Suzuki, BMW, Food Lover’s Market, Hirsch’s Montana and Zambezi Junction Shopping Mall.

Improvements:
The property consists of predominantly vacant land with multiple improvements.

Vacant Occupation:
The property offers vacant occupation upon registration of transfer.

Conclusion:
This exceptional property represents a rare chance to acquire a prime potential commercial position in the sought-after commercial hub of Montana, Pretoria. The property is seen as a great redevelopment opportunity.

This property forms part of a National Telkom Portfolio. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com.

Commercial Type:
Industrial Property
Web Reference:
TELKOM-000094
Final price:
POA
Address:
Bougainvillea Road, Pretoria, City of Tshwane Metropolitan Municipality, Gauteng
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
29 August 2024 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 29 August 2024 11:00:00am


Tom Hodgson
                                                         In2assets Representative

Property Agent


Tom Hodgson
Show number
thodgson@in2assets.com


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