R 75 000 000
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120 ha Land available in Monavoni

120 ha

This substantial 123-hectare parcel of land is situated in the sought-after industrial suburb of Sunderland Ridge, offering a versatile development opportunity suitable for commercial, industrial, or residential projects.

Key Features:

Zoning & Development Potential: Although the current zoning is agricultural, the property is primed for redevelopment in the future. It can be utilized for a variety of purposes, including warehouses, shopping centers, offices, schools, and churches. The land is ideal for both Industrial 1 & 2 uses and low-cost residential developments such as Residential Res 1, 2 or RDP housing.

Infrastructure: The property is equipped with three-phase power and has 3 boreholes (currently unequipped). A section of the Hennops River runs along the edge of the property, adding to its unique appeal.

Current Income: The property generates a rental income of R 55,000 per month, providing immediate financial returns while development plans are underway.

Development History: While the previous town establishment was approved but later collapsed, the site remains a prime candidate for new zoning applications and redevelopment.

Don''t miss out on this exceptional opportunity! Contact us today for more details.

Property details

  • Listing number T4696059
  • Property type Residential Land
  • Listing date 3 Jul 2024
  • Land size 120 ha

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