This conveniently situated property offers exceptional potential for investors and developers, with a wide range of possibilities.
The property currently comprises 12 homes, generating a rental income of approximately R136,000 per month, making it an attractive income-producing investment.
For developers looking to explore rezoning opportunities, townhouse development, or other residential projects, this property presents an excellent opportunity to unlock significant additional value.
With its prime location, strong existing rental income, and exciting development potential, this is a property well worth considering.
This unique property presents an exciting opportunity to acquire an entire estate comprising 12 houses, making it ideal for an investor seeking multiple rented residential dwellings within one expansive property, whilst getting the rezoning requirements.
Surrounded by beautiful natural views and generous open spaces, the estate offers a peaceful country lifestyle while remaining conveniently positioned close to Steyn City, Riversands, Fourways, Kyalami and Sandton.
The property is equipped with three automatic boreholes, providing an excellent water solution for the estate. The expansive grounds provide plenty of room for children to play, outdoor activities and future possibilities, while the brick-enclosed property creates a private and established setting.
PROPERTY HIGHLIGHTS
12 houses on one estate
3 automatic boreholes
2 houses equipped with solar panels
Beautiful views and tranquil surroundings
Extensive grounds with ample recreational space
Brick-enclosed property
Strong rental income
Ideal for investors seeking multiple dwellings
Convenient access to Steyn City, Fourways and Kyalami
Close to shopping centres, restaurants, schools and medical facilities
An opportunity of this scale is seldom available in Glenferness. Whether you're looking to expand your property portfolio or secure a multi-dwelling investment with long-term potential, this estate deserves your attention.
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may occur.