LARGE FARM PORTION WITH DEVELOPMENT POTENTIAL
WEB REF: 15568 LARGE FARM PORTION WITH DEVELOPMENT POTENTIAL
|DATE||Tuesday the 24th of October @ 11:00:00|
|VIEWING||One hour before the start of the auction|
|VENUE||AUCTION VENUE : Velmoré Hotel & Spa, 96 Main Road (M26), Hennops River, Erasmia PROPERTY TO BE AUCTIONED: Remaining Extent of the Farm Hoekplaats 384 JR|
PROPERTY TO BE AUCTIONED: REMAINING EXTENT OF THE FARM HOEKPLAATS 384 JR
The subject stand is roughly rectangular in proportion extending South from the M26 (Sandton Erasmia main road) forming the Northern perimeter of the farm, with approximately 140 metres street frontage along M26. The farm extends South up to Mimosa Avenue running along the Southern perimeter of the property.
Topography: Extending West to East across the middle of the property is a “Greenbelt” rocky hillside with the smaller “back”portion up to Mimosa Avenue being fairly even.
The front portion of the property extending from the rocky hillside towards the M26 along the front perimeter of the property is fairly even with a lower lying “wetland area” towards the middle.
In terms of the City of Tshwane Spatial Development framework, the subject property has been earmarked future “Residential Estate” development.
The property is ideally situated for residential development, along the M26 (Sandton/Erasmia Road) currently undergoing improvement and with easy access to the planned PWV9 Freeway intended to relieve pressure on the N1 freeway between Tshwane and Johannesburg.
Registered Extent of Land: 271.3839 Hectares