Ruimsig (Amorosa) Commercial Property (Erf 304 & 305) For Sale

This offer consist of two stands that are adjacent to one another. Both have Doreen Road frontage for maximum business visibility. These prime stands are in the heart of the Ruimsig commercial hub and is available for new developments. They can be purchased separately or together at a slightly reduced price. Erf 304, the corner stand size is 2647 sqm @ R4,35m and Erf 305 is 7331 sqm @ R10m if purchased individually. No transfer duty is payable, however the trust is VAT registered and therefore VAT applies to this sales price. They are both zoned "Business 2" and all bulk services contribution has been paid to City of Johannesburg.

Erf 305 is zoned “BUSINESS 2” and offers a total land area of 7331m². Erf 305 has a 17 kVA single phase electricity allocation. Included on this stand is a 20 Kw Solar system and a 37 KVA diesel generator. This stand forms an “L-shape” with the entrance on Muriel Street behind Phaalies Auto Dealership with the front of the stand on the prime road frontage of Doreen Road.
The only business currently of this vacant stand is a highly profitable “THE CAR WASH” (1000 cars per month). a Church currently rents space on this stand and their lease requires at least a three month notice period. COJ Rates - R5768

Erf 304 is zoned "BUSINESS 2". There is an existing structure on the property, but it is not on plan and will be sold "as-is". The property currently houses Phaalies Auto Dealership, a second hand car dealership. The improvements on the stand consists of an office, toilet facilities and carports for show vehicles.
This stand also has a 17KVA single phase electricity allocation and a 5KW Solar System. Water is supplied to both stands from a 6000L/hr borehole. COJ Rates - R3658

Business 2:
Primary rights as per scheme excludes residential uses, but including places of refreshment restricted to restaurants and fast food outlets only. Places of amusement restricted to cinemas, concert hall and gymnasium and motor showrooms with subservient preparation workshop and wash spaces. Permitted bulk is 36%, FAR 0.35 and one storey (max total building area permitted = 999m2). Double storey could be allowed with City of Johannesburg consent.