Strategically Located Main-Road Property | Excellent Development Potential
A rare opportunity to acquire a substantial 8,565m² parcel of land, ideally positioned on Modderfontein Road in President Park, Midrand, offering excellent exposure and convenient access to major arterial routes.
IMPORTANT: EXISTING ILLEGAL OCCUPATION & VACANT POSSESSION
The property is currently occupied by illegal occupants. The owner has commenced the legal eviction process, which is anticipated to take approximately 3–6 months.
The sale and any offer to purchase will be strictly conditional upon the eviction process and the property being presented with vacant possession upon registration, subject to the terms and conditions of the accepted offer.
This strategically located property is ideally suited to investors and developers looking for land in one of Midrand’s rapidly growing areas.
LOCATION, LOCATION, LOCATION
The property offers excellent connectivity and is conveniently located:
On Modderfontein Road, providing excellent visibility and accessibility
Close to Olifantsfontein Road
Easy access to the N1
Approximately 7 minutes’ drive from Mall of Africa
Approximately 5 minutes’ drive from Boulders Mall
Convenient access to surrounding residential, commercial and business nodes
PROPERTY DETAILS
Land Size: 8,565m²
Current Zoning: Agricultural
Development Potential: Rezoning opportunities can be explored, with assistance available with the rezoning process
Existing Improvements: Informal structures/buildings are currently situated on the property
Current Occupation: The property is currently illegally occupied
Eviction Process: The owner has commenced legal proceedings to obtain vacant possession, anticipated to take approximately 3–6 months
Sale Condition: The offer to purchase will be conditional upon the eviction process and the property being provided with vacant possession upon registration, in accordance with the accepted offer
A DEVELOPMENT OPPORTUNITY NOT TO BE MISSED
With its substantial land size, prominent main-road exposure and proximity to major transport routes and shopping centres, this property presents an exciting opportunity for an investor or developer seeking strategically positioned land in Midrand.
Please note that purchasers should be aware of the existing illegal occupation and the ongoing eviction process. The property will only be transferred subject to the agreed conditions relating to vacant possession.
Contact us today to arrange a viewing or obtain further information.
Features
President Park, Midrand
- Street map
- Street view
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
