Commercial Site For Development In Midrand For Sale
Property Reference Nr: DP2452(6)
Property Description:
The subject property is located within the most Northern extent of the city of
Johannesburg Municipal Area, bordering the most Southern area of City of Tshwane Metropolitan Municipality Area. This development site is rectangular in shape and is on the Southeastern corner of the intersection of Main Road (R55/K71) and African View Drive in the Blue Hills Area.
Prominent urban areas within a regional context include Centurion, Olievenhoutbosch, Rua Vista, Thatchfield, Diepsloot, Rooihuiskraal to the North, Blue Valley Golf Estate (500m to boundary), Randjesfontein and Noordwyk to the East, Kyalami Park, Lone Hill and Witpoort to the South of Diepsloot and Dainfern to the West of the subject property.
Main routes in the area include Main Road (R55/K71) bordering the Western Boundary, the N1 Freeway to the East, the N14 Freeway to the North and Summit Road to the South. The area within which the subject property is located can be regarded as a fast-growing area, with many township developments in process. Due to the development of Midrand Corridor and the employment opportunities associated therewith, pressure has been placed on the area for residential development and by implication, also the developing of supporting amenities/land uses.
The property comprises of an irregular shaped vacant stand with access from African View Road via the R55. The elevation of the property is level with a slight slope to the North. The soil conditions are suitable for development as no erosion or settlement caused by unsuitable soil conditions was identified on buildings on the neighboring properties.
The stand will be serviced to the boundary as part of the Township Proclamation. There are no improvements on site and the property is not subject to any flood lines. The site will be sold on proclamation of the Township, known as Blue Hills Ext 85
PERMITTING STATUS
Application was made in terms of the provisions of Section 96 of the Town Planning and Townships Ordinance, 1986 (Ordinance 15 of 1986) for the establishment of a township to be known as Blue Hills Extension 85, on part of Portion 43 of the farm Blue Hills, 397JR.
The City of Johannesburg Metropolitan Municipality fomally approved the application for township establishment on 20 July 2017 in terms of the provisions of Section 98(1) of the Town Planning and Townships Ordinance, 1986 (Ordinance 15 of 1986), subject to the conditions contained in the approval letter and township layout plan.
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OFFERS FROM R12 .00 WILL BE CONSIDERED
"Price is just an indication. 10% Deposit payable on offered amount. Information provided as received from Seller. Neither the Agent nor the Seller warrants or guarantees the correctness of any information provided whatsoever. T & Cs apply. Please send ID and proof of residence with offer."
R1,120,833immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 2 bedroom property in Blue Hills on ImmoAfrica.net is R 1,120,833
R10,045immo · index
The current average sales price per square meter for a 2 bedroom property in Blue Hills on ImmoAfrica.net is R 10,045
R9,650immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 2 bedroom property in Blue Hills on ImmoAfrica.net is R 9,650
R88immo · index
The current average rental price per square meter for a 2 bedroom property in Blue Hills on ImmoAfrica.net is R 88
R1,696,570immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 3 bedroom property in Blue Hills on ImmoAfrica.net is R 1,696,570
R6,125immo · index
The current average sales price per square meter for a 3 bedroom property in Blue Hills on ImmoAfrica.net is R 6,125
R13,414immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 3 bedroom property in Blue Hills on ImmoAfrica.net is R 13,414
R84immo · index
The current average rental price per square meter for a 3 bedroom property in Blue Hills on ImmoAfrica.net is R 84
R6,280,148immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 4 bedroom property in Blue Hills on ImmoAfrica.net is R 6,280,148
R5,494immo · index
The current average sales price per square meter for a 4 bedroom property in Blue Hills on ImmoAfrica.net is R 5,494
R20,333immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 4 bedroom property in Blue Hills on ImmoAfrica.net is R 20,333
R52immo · index
The current average rental price per square meter for a 4 bedroom property in Blue Hills on ImmoAfrica.net is R 52
R777,250immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 1 bedroom property in Blue Hills on ImmoAfrica.net is R 777,250
R8,092immo · index
The current average sales price per square meter for a 1 bedroom property in Blue Hills on ImmoAfrica.net is R 8,092
R5,967immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 1 bedroom property in Blue Hills on ImmoAfrica.net is R 5,967
R149immo · index
The current average rental price per square meter for a 1 bedroom property in Blue Hills on ImmoAfrica.net is R 149
R8,271,166immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 5 bedroom property in Blue Hills on ImmoAfrica.net is R 8,271,166
R6,075immo · index
The current average sales price per square meter for a 5 bedroom property in Blue Hills on ImmoAfrica.net is R 6,075
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
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