Ideal for Shopping Centre or Townhouse Development
Located in the sought-after area of Glen Austin, Midrand, this 33-hectare vacant land presents an excellent opportunity for investors and developers looking to establish a shopping centre or a townhouse development scheme. With its strategic location between Johannesburg and Pretoria, the property offers easy access to major transport routes, making it an ideal site for a high-return development.
Key Features:
• Location: Glen Austin, Midrand – a rapidly growing commercial and residential hub
• Size: 33 hectares (330,000 square meters) of prime vacant land
• Zoning Potential: Suitable for commercial and residential development (subject to municipal approvals)
• Accessibility: Close to the N1 Highway, R101, and Gautrain station, ensuring excellent connectivity
• Infrastructure: Near essential utilities (water, electricity, sewage) for seamless development
• Surrounding Area: Well-established residential estates, schools, hospitals, and business parks nearby
Development Opportunities:
Shopping Centre Development
• Ideal for a retail hub, including supermarkets, fashion stores, restaurants, and entertainment venues
• Strong demand for convenience shopping in the area
• Opportunity to attract anchor tenants and well-known retail brands
• Ample space for parking and pedestrian-friendly design
Townhouse Development Scheme
• Perfect for a secure, modern townhouse estate catering to families and professionals
• Potential for a mix of 2- to 4-bedroom units with landscaped communal areas
• Strong demand for affordable and middle-income housing in Midrand
• Close to business districts, making it attractive for young professionals and families
Why Invest in Glen Austin, Midrand?
• Midrand is one of Gauteng’s fastest-growing areas, offering excellent investment potential
• Close proximity to Waterfall City, Mall of Africa, corporate offices, and tech hubs
• Increasing demand for commercial and residential developments due to population and business growth
• Easy access to OR Tambo International Airport and major transport networks
Investment Potential: With urban expansion and a growing demand for residential and retail spaces, this strategically located property in Glen Austin offers a lucrative opportunity. Whether for a shopping centre or a townhouse development, this land is poised for high returns.
Serious investors and developers are encouraged to seize this rare opportunity. Contact us today to arrange a site visit and discuss development possibilities.