This 24 hectare farm in Soshanguve next to the M35 Soutpan Road is ideally located due to a few reasons.
Not only is the land ideal to develop for student accommodation because of it's close proximity to the TUT campus but it will be part of the new town development planned for the next 2 years. There is a power station on the edge of this land which is in the process of being upgraded following pressure by another developer across the Soutpan road. This developer is in an advanced stage of town establishment which poses another opportunity for the buyer of this property to share the cost of services with the developers across the road. The opportunity also exists to purchase this property with the adjacent 10ha and develop the entire 34ha with a combination of student accommodation,
freehold property stands and maybe combining the residential area with a shopping mall. The price is highly negotiable and I also have a 12ha next door should the buyer be interested in both
**The developers across the road from this property indicated that the town establishment that they applied for should be completed in 6 months which could be beneficial for the buyer as bulk infrastructure could be shared**
Read more...