Prime Industrial Property For Sale Beneficial for an Investor to Buy a Property with Approved Zoning

Although Springs is a predominantly industrial city. Its suburbs are lush and leafy, with many trees, parks and open spaces giving it a suburban character. This neighborhood offers a peaceful and quiet lifestyle, about 50km from Johannesburg. Founded as a coal and gold mining town in 1904. his is an economically diverse neighborhood with employment opportunities in many industries ranging from manufacturing to commerce, to hospitality and mining.

This Prime Industrial Property consists of 5.5 hectares of open development land. The site is leveled, enclosed with 8 concrete palisade fencing, and has access to 3MVA electricity power. Based on the Geotechnical study completed on the Freehold during 2016, the Council for Geoscience gave confirmation that the site can be regarded as non-dolomitic. In addition, the site has access to a Sasol Gas line & Rand Water on servitudes and carries an Industrial 1 Zoning certificate.

Industrial 1 provides zoning for standard factories, warehouses, or storage depots. It is very beneficial for an investor to be able to buy a property with approved zoning already in place when the opportunity comes along. When such properties do come onto the market, especially in sought-after nodes. Investors have remunerative opportunities by recognizing the value and potential ahead of time. This 5.5 ha open land for sale falls squarely within the abovementioned category. Considering the following information as portrayed by Azapi Digital Partners 2022:

From the current 3 million Twenty-Foot Equivalent Unit (TEUs), to 4 million TEUs, per annum by 2023.

OR Tambo International Airport is Africa’s biggest airport. Consisting of intermodal rail terminal, container, and warehousing facilities. Held for announcing a Public-Private Partnership (PPP) agreement for the design, financing, construction, operation. Maintenance of the intermodal container terminal forming part of the Tambo-Springs Logistics Gateway development.

The Tambo-Springs Logistics Gateway shall form part of Ekurhulenis Strategic Urban Development. It will strategically be located on the southern border of the Ekurhuleni and Johannesburg metropolis. It will also include the road freight and rail corridor between Johannesburg, Durban, and Port Elizabeth. The Gauteng Department of Roads and Transport plans to link the Tambo-Springs development directly to the N3 as well as other locations.

Tambo Springs will nearly double current freight logistics capacity in as well as out of Gauteng. It incorporates a range of elements which will differentiate it as a world-class competitive development.

The sales price for Ptn 1 of Erf 152, New Era, Springs is R12.5m