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R 13 000 000 | Vacant Land / Plot for Sale in Barvallen

Germiston, Barvallen

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Erf Size: 17 700 m²

Barvallen (elandsfontein /germiston): prime mixed-use development site with national highway exposure!!!

Located on Barbara Road, the Barvallen site is positioned south of the Isando and Meadowdale industrial areas. There are other industrial areas in the vicinity with logistic companies, as well as businesses and services linked to the airport. The residential areas of Primrose and Homestead are older, established areas.

The area is a strong mixture between residential properties and industrial areas especially linked to the O R Tambo International Airport. The N12 running through this area forms a clear barrier between the northern and the southern parts. A retail development will fulfil a dual role, focusing on the households in the immediate vicinity, as well as a very large number of industrial workers coming through the area daily.
Main arterial routes run past the site, specifically the N12 offramp is also in close proximity to the site.

A unique site, highly accessible, with EXCELLENT visibility, but also on the side of a national highway.

A market assessment of the site has already been undertaken by URBAN STUDIES, the report as well as other key information will be provided to serious buyers as part of the due diligence pack.

KEY FEATURES:
- Large industrial areas in the vicinity
- Access to a large employment market on various levels
- Accessibility to the N12 highway
- Industrial and residential developments adjacent to the proposed site
- The area is also characterized by a stable, ageing residential environment
- Major growth in the commercial/industrial/warehousing sector has taken place during the last 15 years
- The site offers very high visibility from the N12 highway.
- property rates vacant land r 3840.00 p.m. ex VAT
- REFUSE: ENVIRONMENTAL LEVY - DOMESTIC R 111.47 p.m. ex VAT
- BASIC WATER: AVAILABILITY BUSINESS R 1467.38 p.m. ex VAT
- BASIC SEWER: AVAILABILITY R 536.29 p.m. ex VAT
- LAND SIZE 17700 m2
- ZONING: BUSINESS 2
- COVERAGE 70%
- HEIGHT 2
- BULK 24780 m2
- FLOOR AREA RATIO: N/A