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99 Year Lease. Res3, 148 units - Blue Hills Ext 76 Development Land Rezoned

Land

GLA 25,696m2
No. of Stories 3
No. of Buildings 148 units approved

Opening Bid

5,000,000

Current Highest Bid

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Property Highlights

99 Year Lease - Prime Development Land in Midrand - the fastest growing area in South Africa.
This property is one of the three remaining properties in this designated Prime Development Zone of Blue Hills AH and it is the only one of the three that is rezoned and ready.
Don't miss this golden opportunity.

Documents

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Sales Executive Details

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Descriptions

Available on 99 Year Lease. Prime Land Ready for Development 2.5ha. Approved for 148 Res 3 units. The land is divided into 2 ERFs to make it easier for the developer to stagger the development and infrastructure costs. You can start with ERF 1 to raise the capital for ERF 2. The property is located above Blue Hills Shopping Centre (1.4km) and is 5km away from the N1 and 1.5km from the R511. It is centrally located between Johannesburg and Pretoria with easy access to OR Tambo International Airport (41km) and Lanseria International Airport (29km). Midrand is the gold mine of property in South Africa. This property is one of the three remaining properties in this designated Prime Development Zone of Blue Hills AH and it is the only one of the three that is rezoned and ready. Act quickly or else you may regret.

Disclaimer

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on www.instantproperty.co.za, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.