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.
Purchase Price R 6 300 000
Type of PropertyLand
Monthly Rates1.00
Monthly Levy1.00
Land Size9.40 m2
Last Updated16 Jul 2026
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