Property
Description

Property Description

This prominent R24 Highway exposure property is nestled between Edenvale and Barbara Roads in Harmelia, Ext 1, Germiston. Spanning a land area of 1 114m2, this property presents a fantastic prospect for investors seeking to capitalize on its strategic location and versatile zoning.

Property Highlights:

1. Strategic Location: Positioned along the bustling R24 Highway, this property offers unparalleled visibility and accessibility, making it an ideal location for businesses looking to enhance their brand presence. The strategic positioning ensures maximum exposure to a high volume of passing traffic on the R24 in both directions and Herman Road, presenting an excellent branding opportunity for prospective tenants or owners.
2. Revenue Generation: With an existing billboard installed on the premises, this property presents an opportunity to unlock additional income streams through advertising partnerships. Capitalize on the prime location and high traffic flow to generate consistent revenue from billboard advertising, adding significant value to your investment portfolio.
3. Versatile Zoning: Currently offering a Business 3 zoning designation, this property offers a wide range of permissible uses, providing flexibility and versatility for various business ventures. The zoning allows for primary rights such as offices, medical consulting rooms, and dwelling houses, while special consent use rights encompass a diverse array of options including business purposes, hotels, restaurants, gyms, and more.
4. Redevelopment Opportunity: Due to the location being within the 'Aerotropolis Footprint Area, the property lends itself to be re-developed to further increase the GLA as well as potential zoning changes to allow for industrial, retail, or other zoning.

Strategic Positioning:

The property's location within Region A of the Ekurhuleni Metropolitan Municipality’s Spatial Development Framework places it within the 'Aerotropolis Footprint Area,' centered on the OR Tambo International Airport Node. Furthermore, it is situated within the R-24 Development Corridor, designated as a "corridor mixed-use" zone where commercial, office, and business uses are actively encouraged. This strategic positioning within key development corridors underscores the property's potential for long-term growth and value appreciation.

Property Layout:

The subject property offers users an open plan yard facing onto Herman Road and R24, with a GLA is ±290m2 it has a reception area, various office components, training centre, full kitchen, ablutions, as well as staff cottage and entertainment braai under covered patio. There is accessibility to move vehicles freely round the property through an in-out drive through, for vehicles to move freely in and out the property.

To the South side of the property is a high steel structure which was used as a workshop previously. 

Access:

There are 3 access points to the property; One off Herman Road and two off the Western Side of the property on Paula Road which is accessible through a boomed off gate in the Residential area behind the property.

Investment Potential:

Whether you're looking to establish a flagship business location, capitalize on advertising revenue, or explore development possibilities, with its prime location, versatile zoning, and revenue-generating opportunities, this property offers the ideal canvas to unlock great value and future income.

Features

R24 Visibility

2 Access Points

Great signage opportunities

Easy access to N12 and surrounding areas

Area Description 

The subject property is situated on Herman street in Harmelia on the Eastern periphery of Germiston and enjoy ease of accessibility Herman Street connects with Barbara Road which in turn has direct access to the R24 Highway that leads to the airport as well as connects with the N3 National Highway and the R21 Highway providing access to Johannesburg CBD towards the south and Pretoria towards the north as well as the industrial hubs of Jet park, Isando, Andebolt towards the east

Area Amenities

Engen Highway Gardens Service 0,71km

Barbara Road Offramp 1,4km

Edenvale Road Offramp 3km

O.R. Tambo International 6km

Edenvale Hospital 2,5km