Prime Position In The Now Established Rivergate Industrial Zone
Located at the corner of Armstrong and Apollo Streets in Rivergate, this expansive property spans an impressive 51,528 square meters, offering ample space for diverse commercial ventures. Zoned for Mixed Use 2 (MU2), this parcel of land presents a versatile opportunity for various business activities. Being serviced Land, it provides convenience and ease for potential development projects.
With an allowable Gross Lettable Area (GLA) of approximately 33,000 square meters, developers have the flexibility to design and construct structures tailored to their specific needs and requirements. Additionally, the property boasts robust power infrastructure, featuring a bulk metering kiosk delivering up to 1500KVA of power, ensuring uninterrupted operations for businesses within the premises. Priced competitively at R1300.00 per square meter, this property represents a lucrative investment prospect for those seeking to establish a prominent commercial presence in the thriving Rivergate area.
Introduction
Milnerton is a remote residential area developed around the 20s, named after Johannesburg's Milner Park suburb which transformed it into a preferred holiday destination. An example of this seafaring history is the renowned Milnerton Lighthouse erected in 1960. Since then, the town has become an attractive centre with its own individual charm and strategic location.
Infrastructure
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
