On Auction- 20 August | Prime Fourways Corner Development Opportunity | High-Exposure Position | 3.68 ha

Strategically positioned on the prominent corner of 248 Witkoppen Road and 563 Main Road, Magaliessig, within Johannesburg's rapidly expanding Fourways growth corridor, this exceptional 3.6827-hectare (36,827 m²) freehold property presents a rare opportunity to acquire an established income-producing asset with significant medium- to long-term redevelopment potential.

Boasting exceptional exposure along two major arterial routes, the property currently generates a Gross Annual Income of approximately R1.83 million (excluding the owner-operated nursery) and is improved with approximately 2,200 m² of existing buildings accommodating a motor dealership, day spa, nursery improvements, offices, storage facilities, residential buildings and a vacant licensed restaurant offering immediate value-add potential.

A Township Establishment and Special Rezoning Application has been lodged with the City of Johannesburg for approximately 14,184 m², proposing a landmark mixed-use development comprising residential dwelling units, commercial premises, motor showrooms, a filling station, shops, restaurants and offices, subject to the necessary statutory approvals.

The property further benefits from an established borehole, an approximately 60,000-litre above-ground reservoir (with provision for future expansion), an extensive internal reticulation network, five operational septic tank systems, existing electrical infrastructure and approximately R260,000 already invested in specialist planning investigations.

Key Investment Highlights:

• 3.6827-hectare (36,827 m²) freehold corner property within the Fourways growth corridor
• Approximately R1.832 million Gross Annual Income per annum (excluding the owner-operated nursery)
• Approximately 2,200 m² of existing improvements
• Township Establishment & Special Rezoning Application for a landmark mixed-use development
• Proposed residential, commercial, retail, motor showroom, filling station and office development rights, subject to approval
• Approximately 14,184 m² identified for proposed mixed-use redevelopment
• Existing Agricultural zoning allowing continued lawful land uses and holding income during the planning process
• Existing borehole, approximately 60,000-litre reservoir, reticulation network, electrical infrastructure and five septic tank systems
• Vacant licensed restaurant offering immediate leasing and value-add potential
• Existing secure parking and established infrastructure supporting continued operations
• Approximately R260,000 already invested in specialist planning investigations and due diligence
• Outstanding long-term redevelopment and capital appreciation potential within one of Johannesburg's premier growth corridors

On Auction: 20 August 2026 at 12h00

Venue: Wanderers Golf Club, Illovo

Contact the broker to obtain the comprehensive Investor Pack, Planning & Development Overview and supporting due diligence documentation.