A prime commercial land parcel has become available for sale in Diswilmar (Cradlestone), Krugersdorp, directly opposite the regional Cradlestone Mall. This is one of the last high-visibility development sites in this booming node.
Measuring 20,215m2 in total, the property comprises The Village Extension 4 – an approved township (not yet proclaimed):
Erf 6: 15,764m2 – Zoned Business 2 with primary rights for Shops, Offices, Residential and Hotel Buildings. Additional rights with Council consent include Place of Public Worship, Place of Instruction, Place of Amusement, Drive-through restaurant, Restaurant, Institution, Filling Station, Social Hall and Public Garage.
Erf 7: 2,988m2 – Zoned Private Open Space.
DEVELOPMENT BULK:
The Business 2 land has a permitted bulk of FAR 0.6, 50% coverage, 2 storeys, allowing approximately 9,460m2 of total floor area to be developed.
LOCATION HIGHLIGHTS – UNMATCHED EXPOSURE:
Directly opposite Cradlestone Mall – regional shopping centre
Less than 700m from the N14 highway (linking Krugersdorp Central, Centurion and Pretoria)
In close proximity to Featherbrooke Estate, Silver Valley Estate, Silverstar Casino, Netcare Pinehaven Hospital and SA Accounting Academy
Frontage on Muldersdrift Se Loop with access from Furrow Road
New retail development already underway adjacent to site
FUTURE INFRASTRUCTURE UPGRADE – N14 FLYOVER APPROVED:
Gautrans has approved construction of the much-anticipated N14 flyover interchange. One of the on/off ramps will be a continuation of Furrow Road which goes past the site for sale. The existing Hendrik Potgieter Road will go under the new flyover at the current N14 intersection. The land to the north (Holding 52) is owned by government for future road widening. This infrastructure will dramatically increase traffic flow and exposure to the site.
SERVICES:
The land has an existing house on it. Bulk services and bulk contributions required for commercial development will have to be investigated and confirmed by the purchaser. However, linking into existing water and sewer reticulation should be possible due to the adjacent developments.
This is an ideal site for a retail centre, offices, mixed-use, medical suites, hotel or drive-through restaurant – with catchment from affluent estates and regional mall traffic.
Priced to sell at R9.95 Million – a steal for Business 2 land opposite a regional mall.
Contact for approved township plans, locality map and N14 flyover layout.
20,215m2 Total Land
Business 2 Zoning – Township Approved (The Village X4)
±9,460m2 Bulk – FAR 0.6 / 50% Coverage / 2 Storeys
Opposite Cradlestone Mall – Prime exposure on Muldersdrift Se Loop
700m from N14 Highway
N14 Flyover Approved – Furrow Road to become on-ramp
Primary Rights: Shops, Offices, Residential, Hotel
Consent Uses: Restaurant, Drive-Thru, Filling Station, Place of Instruction & more
Access from Furrow Road
Existing House on Site
Services Linkage Possible
Near Featherbrooke, Silverstar Casino, Netcare Pinehaven Hospital
LOCATION FIELDS:
Suburb: Diswilmar AH / Ruimsig / Cradlestone
City: Krugersdorp / Roodepoort
Province: Gauteng
Street: Furrow Road / Muldersdrift Se Loop
Landmark: Directly opposite Cradlestone Mall
