R 4 000 000 | retail property for sale in benoni

The property is situated on Great North Road in Norton Park between Kempton Park and Benoni. The total property size is 3,6421 ha is size with a wetland in the north western corner and a road proclamation over the western boundary. In total, approximately 1,6 ha of the land is developable. A total of 112 residential units can be developed on the property. The property gains access from a service road to be constructed from Louisa Road and no access may be from Great North Road. The township establishment application is approved (Norton Park X13), ROD issued and activated and Conditions of Establishment is available. The Stormwater drainage is problematic and prior to any development taking place on the property, a new Stormwater inlet must be installed under Great North Road to drain the pan. This activity requires a Water Use Licence Application to be submitted to Department of Water Affairs which is currently underway. An ROD was obtained for the Stormwater pipe installation.