Type
Industrial Open Land
For Sale
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Area
About
This Prime Industrial Property consists of 5.5 hectare of open development land. The site is levelled, 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. The site has access to a Sasol Gas line & Rand Water on servitudes and carry 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:
The container movement to and from Gauteng is expected to grow 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 and is set to form part of a unique R2 billion development that is to become a new state-of-the-art logistics hub, consisting of intermodal rail terminal, container, and warehousing facilities. This was revealed during a joint media briefing by Transnet, City of Ekurhuleni and Gauteng Department of Roads and Transport, held for announcing a Public-Private Partnership (PPP) agreement for the design, financing, construction, operation, and maintenance of the intermodal container terminal forming part of the Tambo-Springs Logistics Gateway development. The Tambo-Springs Logistics Gateway shall form part of Ekurhuleni’s Strategic Urban Development, which 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. It will ensure that the current and future container volume traffic can, and will efficiently and appropriately be serviced by rail, thus alleviating the existing and projected pressure from the N3 road infrastructure. The Gauteng Department of Roads and Transport plans to link the Tambo-Springs development directly to the N3 and other locations.
From the ports to rail, road, or air, to the warehouses and finally to the customers, Tambo-Springs will be equipped to meet all manufacturing and distribution needs. Tambo Springs will nearly double current freight logistics capacity in and out of Gauteng by incorporating a range of elements which will differentiate it as a world-class competitive development.
The Property for sale is quite conveniently nestled to both the N17 and N12 highways and has a perfect location suitable for warehousing /industrial park development.
Details
Type: Industrial Open Land For Sale
Price: R7,670,000
Hectare: 5.5
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Total Payable in 24 Years
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7,670,000
Payment Break Down
60%
Interest40%
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