Prime development land up for auction

Posted On Tuesday, 05 July 2011 02:00 Published by eProp Commercial Property News
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Auction Alliance will take prime development land, in Rooihuiskraal, Pretoria, to auction during its upcoming Commercial Multiple auction to be held on July 26

Property-Housing-ResidentialThe property extends over 123,85ha and is prominently situated adjacent to the N14 Highway, within the boundaries of the Tshwane Metropolitan Municipality.

The property is situated in a rapidly developing residential area and surrounding properties include a number of sectional title residential complexes. The land is situated between the N14 National Highway on the southern boundary and the M25 Main Route on the northern side.

The property enjoys efficient access to the M34 Main Road, the N14 Highway as well as a number of amenities situated in the immediate vicinity.  

The property comprises an undeveloped, rectangular shaped farm land with agricultural zoning and a proposed township development has been approved by the relevant authorities.

Comments Andreas Greeff of Auction Alliance, “With land for residential development in this area in extremely short supply, this prime property offers potential investors with an excellent investment opportunity”

The auction takes place at 12pm at the Hilton Hotel, 138 Rivonia Road, Sandton.

Last modified on Wednesday, 11 June 2014 12:52

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