Unique Township Development Opportunity in proximity to the Rainbow Junction Development and Wonderboom Airport. Join the future growth point of Tshwane. Rights include the development of local shopping centre coupled with a residential component. Buildings already constructed valued in excess of R4 500 000. Potential rental income of more than R70 000/m. Adjoining properties are already being developed for township establishment. Environmental Authorisation from GDARD granted. Township development approval from CTMM already obtained. Township name also reserved – Onderstepoort Extension 22. All documentation can be made available for the serious investor and include amongst others the Town Planning Memorandum, the BAR and the flood line study.
The proposed township will consist of the following:
• Special Residential on 56 erven – each erf in the region of 500m². Total area is 2.9488 ha.
• Group Housing consisting of 40 units per hectare. Total area is1.3714 ha.
• General Business on 1 erf. Uses include a lifestyle/local shopping centre. Provision is made for a national anchor tenant. Total area is 0.7410 ha.
• Private open space on 2 erven – to be used for playgrounds, parks and recreational purposes. Total area is 1.4153 ha.
• Special for access, access control and engineering services on 4 erven. Total area is 0.0084 ha.
• Special for access, access control, engineering services and private streets on 1 erf. Total area is 1.3013 ha.
• Public Street/Roads of area 0.7791 ha

The site is currently used for business as well as rural residential purposes. Bus depot with workshops can be leased (currently used by Le Roux Toere). Existing infrastructure consists of 1 x 4 bedroom house with 3 entertainment areas; 1 x granny flat; 1 x 2 bedroom double storey residence; 1 x 1 bedroom rondavel and a 2 bedroom house all being rented for a monthly income of R57 000. Also 4 offices with a bus depot, workshops and store rooms totalling 880m². Gardens are landscaped with an irrigation system. Two strong boreholes.
In certain areas the foundations for the future development of the lifestyle shopping centre and the apartments have already been excavated to the norite base and concreted.
All services to be provided by the CTMM – water, sewage and electrical reticulation as well as refuse removal. Read more...