Extent: ± 20 215 m² | Development potential | Positioned opposite the Cradlestone Mall | Income generating advertising billboard | Secured by electric fence
Large Corner Site with Excellent Exposure
In2Assets is proud to present this ideally located corner property to the market.
Location:
The 2-hectare site is located on the corner of Hendrik Potgieter (M47) and the R28. The property is accessed from the M47 with an additional access gate off Falls Road. Positioned opposite the Cradlestone Mall as well as a Sasol Garage, the property holds significant development potential.
The corner property is positioned between Krugersdorp and Muldersdrift in the Mogale Municipality West of Johannesburg. The area is noted for its residential and commercial growth. The N14, which is accessed from the traffic lights adjacent to the property, is an arterial route to both Midrand and Pretoria.
Improvements:
Improvements on the property include three sheds as well as one prefabricated office and three container offices. None of the structures are fixed which makes any future development an easier task. The property is secured with a 16-strand electric fence. There is 3 phase power supply and a borehole.
Income:
There is large advertising billboard on the property that generates a monthly income. Details to be confirmed.
There are three tenants on the property that are on a month-to-month lease. Lease details to be confirmed.
Conclusion:
This corner site presents an exciting opportunity to the market for development within the commercial space, as a logistics yard, or as an end user opportunity. The excellent exposure to high volumes of traffic is a significant value add from a marketing and advertising perspective.
