• 773 m2

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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 1000.00

Property description

Located in the heart of Sebokeng Zone 3, this 773 square meter vacant land presents a compelling opportunity for investors, developers, or entrepreneurs seeking a strategically positioned property with immense potential. Situated on a prominent corner, the land enjoys high visibility and accessibility, making it ideal for commercial development. Its proximity to the main road and surrounding businesses enhances its appeal, offering a steady flow of foot and vehicle traffic that can be leveraged for retail, office, or mixed-use purposes.

The property includes an incomplete structure with a roof slab measuring 164 square meters. This partially built component provides a head start for construction, reducing initial development costs and timelines. The slab is structurally sound and positioned to accommodate a variety of building designs, whether for retail outlets, office spaces, or service-based enterprises. In addition to the slab, the land features a substantial 609 square meter foundation and flatbed, which further supports future expansion and development. These foundational elements are well-laid and offer flexibility for multi-level construction or segmented commercial units.

One of the most attractive aspects of this property is its zoning and business rights. With commercial zoning already in place, the land is primed for immediate development without the delays typically associated with rezoning applications. This allows for a wide range of business activities, including retail shops, restaurants, medical practices, or professional services. The corner location amplifies its commercial viability, providing dual access points and increased exposure to passing traffic.

The surrounding area is a vibrant mix of residential and commercial properties, contributing to a dynamic local economy. Nearby businesses include convenience stores, salons, hardware shops, and eateries, creating a supportive environment for new ventures. The main road adjacent to the property serves as a key artery through Sebokeng, connecting various zones and facilitating easy access for customers and suppliers alike.

Infrastructure in the area is well-established, with access to municipal water, electricity, and sanitation services. Public transportation is readily available, and the site is within walking distance of taxi ranks and bus stops. This enhances the property's attractiveness for businesses that rely on customer accessibility and employee commuting options.

In terms of future potential, the land offers ample space for parking, landscaping, or additional structures. Developers may consider a phased approach, starting with the completion of the existing slab and expanding into the remaining foundation area as demand grows. Alternatively, the site could be transformed into a multi-tenant commercial hub, catering to various small businesses and service providers.

Overall, this 773 square meter corner property in Sebokeng Zone 3 is a rare find. With its existing structural elements, business rights, and prime location near the main road and other commercial establishments, it stands as a promising canvas for visionary development. Whether you're looking to establish a flagship store, build rental units, or create a community-focused business center, this land offers the foundation—for success.

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