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R 13 000 000

Farm for Sale in Olifantsfontein

Olifantsfontein, Midrand

Contact agent for street address

8.6 ha
- m²: 86 000 m²
- Hectares: 8.6 ha
- Acres: 21.251 acres

Contact Agent

William Masebe

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Small Holding for sale in Olifantsfontein, Midrand

This property is a prime location for property developers looking to develop an industrial business park, retail businesses and or residential estate. It is situated between Clayville Industrial and Glen Austin, with easy access to Olifantsfontein Road leading to the R21 highway. This busy road connects Pretoria to Kempton Park and OR Tambo International Airport, and provides convenient access to Johannesburg, Durban, and Mpumalanga routes.

The property boasts a generous size of 85,600 square meters, with the current owner utilizing 10,600 square meters for their business. This leaves 75,000 square meters of land available for new development, with existing rights for a restaurant. The current area features a warehouse, workshop, office space, and 23 cottages, each with their own prepaid electricity meters. There is also a laundry room with coin-operated washing...

The current income generated from the cottages, warehouse, workshop, and office space is approximately R100,000 per month. The warehouse measures 400 square meters, the workshop 200 square meters, and the storage warehouse located behind the cottages is 23 square meters. There is also a small storage room next to the main residence measuring 6 square meters, a garden tool shed of 12 square meters, a security room of 4 square meters, a laundry room of 9 square meters, and a bar area by the pool of 12 square meters. The 23 cottages cover a total area of 948.71 square meters.

The property is equipped with two boreholes, one of which supplies water to the entire area. There is also a backup generator for times of load shedding. The property is on Eskom power bulk rate and has a three-phase electricity supply.

This is a rare opportunity to invest in a highly sought-after prime land with excellent potential for development and a steady income stream. Don't miss this chance - contact us today to schedule a viewing.

Listing number: P24-114767136, Image number: 1

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Property Overview

Listing Number

114767136

Type of Property

Farm

Description

Smallholding

Listing Date

07 August 2024

Size of farm

8.6 ha

Furnished

Yes

Facilities

Bedrooms

Bathrooms

External Features

Garden

Yes

Pool

Yes

Building

Backup Water

Borehole

Other Features

Security

Closed Circuit TV

Generator

Yes

Points of Interest

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