Live Auction: 18 March 2026

Positioned within the fast-growing Longlake Extension 3 industrial precinct, Erf 228 presents a rare opportunity to secure Industrial 1 zoned land in a node where available stock is increasingly limited. The property benefits from fully paid bulk contributions, significantly reducing upfront development costs and accelerating project feasibility. Zoned Industrial 1 under the City of Johannesburg Land Use Scheme, the site permits a Floor Area Ratio of 0.6 and development of up to two storeys, offering meaningful yield potential for developers and owner-occupiers alike. Located within a newly constructed, high-spec industrial area favoured by established operators, this asset aligns directly with sustained demand for well-positioned industrial land.

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Key Features:

• Industrial 1 Zoning with 0.6 Floor Area Ratio and Two Storey Height Allowance

• Bulk Services Contributions Fully Paid

• Located in Newly Developed High-Spec Industrial Precinct

• Limited Available Industrial Stock in a Proven Demand Node

• Situated in Longlake Extension 3, Modderfontein

Auction Terms and Buyer Information:

• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price)
• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders)

All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.