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R7,800,000

Vacant Land Commercial for sale in Mayfield

32,900m²
3.29 Hectares Commercial Land For Sale In Mayfield, Benoni

Discover an unparalleled opportunity in the vibrant heart of Benoni, nestled within the thriving community of Mayfield. This strategically positioned plot of land, designated for commercial use, offers an irresistible prospect for forward-thinking developers looking to make a significant impact in the area.

Zoned under Business 2, this property boasts a 70% coverage allowance, a two-storey height limit, and an F.A.R. of 1.4, with a density of 85/ha. These features present an ideal canvas for a variety of development projects, making it a versatile investment opportunity. Whether you envision a bustling shopping center or a mixed-use development, this site can accommodate your vision.

Located adjacent to a residential enclave and conveniently close to a major arterial road in Mayfield Ext 5, this site holds immense potential for attracting steady foot traffic. Its prime location ensures both convenience and prominent visibility, making it an enticing investment opportunity for those looking to capitalize on the thriving local market.

Under the flexible Business 2 zoning, you have the primary rights to develop for a wide array of purposes including business operations, retail shops, places of worship, educational facilities, residential buildings, and more. The options are vast, with potential uses extending to restaurants, medical consulting rooms, gymnasiums, plant nurseries, service industries, and ample parking facilities.

To facilitate your decision-making process, comprehensive assessments and surveys have been undertaken and are available upon request at a discounted fee of 45%. These include an Access and Parking Relaxation Study, Traffic Study, Demacon Study, Geotech and Dolomite Study, WGD Land Survey, and GLS In-Depth Service Available Reports.

Don't miss out on this exceptional opportunity! Contact us today for further information and to arrange a viewing of this prime property. Take the next step toward realizing your development goals within the dynamic Mayfield community.

Property Type
Vacant Land Commercial
Stand Size
32,900m²
Reference
2238788
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R80,510
Home loan repayment
R80,510
Utilities
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R0
Property history
Listed for sale at R7,800,000
23 Apr 2024
Get to know Benoni
Benoni contains numerous attractive and tree-lined suburbs, and has a strong suburban character, quite unlike many other East Rand towns, which tend to be more industrialized.
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