Prime 135 000m2 Zoned Business 1 Consolidated Development Land located on a prominent corner in the booming, fast-growing hub of Meyerton, within the Midvaal Municipality, with excellent access to R59 and key routes. The strategic location between Gauteng, the North-West, and the Free State provinces places this property in a logistically prime position.
This property features approved Business 1 zoning with a proposed mixed-use development that includes a Shopping Centre, a Fuel Station, and Residential Development.
This development offers immense potential for developers and investors seeking to invest in a commercial and/or residential development project.
Large warehouses/logistics distribution companies, schools/training centers, and residential estates are being developed continuously. These industries provide employment and growth opportunities to the surrounding community.
PROPOSED DEVELOPMENT (MIX-USE)
− Commercial Development for a Shopping Centre with potential well-known retailers and restaurants, and a Public Garage.
− Residential / Retirement Village Development:
• 66 x Duplex Units with a Crèche (312m2)
• 90 x Apartments
− Future roads (as indicated on the Town Planning Scheme).
ZONED: BUSINESS 1 - The property is zoned for Business 1, offering a range of development possibilities (subject to local regulations and approvals).
EXTEND - The total extent of the proposed development site is 135 992m2.
IDEAL LOCATION - Excellent location with direct access to R59 on the corner of Morris Road and Meyer Road, with easy access from the surrounding neighborhood and towns. The neighborhood surrounding this land is known for its stability and growth, making it an attractive prospect for both homeowners and investors.
POTENTIAL - There is ample room for development that caters to the strong, growing demand in the area for residential & commercial developments.
STRONG INVESTMENT - The prime location, combined with Business 1 zoning, makes this property a solid investment choice with excellent potential for capital growth, within a well-run and managed municipality.
MIDVAAL MUNICIPALITY
Midvaal Local Municipality is the fastest-growing and developing municipality in the southern parts of the Gauteng Province. The Municipality is a well-governed, effectively managed, financially viable, and sustainable organization that is dedicated to creating an environment conducive to growth.
Meyerton constitutes the highest order town in the Midvaal Local Municipality, Sedibeng District. The primary urban conglomerate in the Midvaal local municipality is centered in Meyerton. Moreover, Meyerton has become the administrative centre for the Midvaal Local Municipality.
Our Vision
We strive daily to enrich the lives of our people by:
• Adopting a mid-set of innovation to revolutionize the way we operate
• Leverage partnerships to realise our full potential
• Driving sustainability within the local ecosystem
• Growing the economy in Midvaal, premised on incubating entrepreneurship, socio-economic growth, and environmental responsibility
• Providing excellent and standardized service delivery for all
• Prioritizing the upliftment of our youth
• Being an ethical and proactive local municipality
• Elevating Midvaal to be the best and most attractive Municipality in the country
Establishing a City Improvement District (CID) Background
Major development projects have been initiated in Meyerton, including the development of the R59 that cuts through the Meyerton CBD to the Johannesburg CBD. Meyerton is comprised largely of business and residential land uses. The CBD acts as the service centre for the surrounding smaller settlements and agricultural holdings in Meyerton. The objective is to regenerate the precinct sustainably.
Meyerton has seen a number of new developments in recent years, including plans for upgrades to the R59. The R59 links Gauteng, the North West and the Free State provinces.