The Village Ext 5

Vacant land specs

Address: Corner Hendrick Potgieter Road and Furrow Road, Diswilmar A H, Krugersdorp, Gauteng

Price: R25,000,000

GLA: 30,322m²

Overview

This land has a prime location directly on Hendrik Potgieter road, which is the arterial road that links Roodepoort to Krugersdorp and the N14 highway. Prime corner site adjacent to the regional shopping centre Cradlestone Mall. In close proximity to Featherbrooke Estate, Silverstar Casino and Netcare Pinehaven Hospital, and less than 700m from the N14 highway leading to Centurion and Pretoria. Gautrans has now been given approval to construct the much anticipated N14 flyover, and construction is planned to commence in 2019. The proposed layout of the flyover is shown in the aerial photo below. One of the onramps/off ramps to this interchange will be a continuation of Furrow road which goes past the site for sale. The existing Hendrik Potgieter road will then go under the new flyover at the current N14 intersection. Zoning In process of township establishment, approved in principal by the local council (Mogale City). The larger erf of 16,227 m2 will have be zoned “Business 2” with primary rights for shops, office, residential and hotel buildings. Additional rights with consent of the council include Place of Public Worship, Place of Instruction, Place of Amusement, drive-through restaurant, institution, filling station, social hall, and public garage. The smaller remaining erf of 2,749 m2 (“Erf 2”) will be zoned for a “private open space”. Access to the site will be from Furrow road. BULK: The Business 2 zoned land will have a permitted bulk of FAR of 1.5, coverage of 75%