A prime land parcel with planning approvals, partial services installed and immediate revenue from an existing cell‑tower lease. Ideal for a phased residential or mixed‑use roll‑out.
Key Features
Extensive Area: 9.371 ha across Portion 111 (Ext. 33) and Portion 128 (Ext. 34) of Farm Roodekop 139.
Zoning & Approvals:
“Agricultural” zoning with Section 101 Certificate secured for residential township (up to three storeys, 80 units/ha).
Business 1 zoning on strategic sections to accommodate retail, offices or light commercial.
Infrastructure Ready:
Municipal bulk water and sewer to a portion of the site.
Internal access roads roughed‑in; level contours minimise earthworks.
Cell‑tower generating ongoing lease income.
Location & Access:
Direct frontage on the N3 highway for logistics and commuter convenience.
Black Reef and Heidelberg roads ensure reliable secondary access.
Development Potential:
Phase 1: walk‑up apartments (±300 units) leveraging existing services.
Phase 2+: additional residential extensions or mixed‑use precinct with neighbourhood retail.
Investment Rationale
Proven demand for affordable mid‑rise housing within Germiston’s expanding residential belt.
Partial servicing lowers initial capex and accelerates time‑to‑market.
Mixed‑use zoning offers diversified income streams.
Terms & Next Steps
Owner is open to structured offers and sale‑leaseback arrangements. Flexible on payment terms to align with project financing.
For detailed information, planning documents and financial modelling, contact the listing agent.