8.5 ha farm in Glen Austin AH

R 16 500 000

Isaac Shivambu

RealNet-Midrand Elite

8.5 ha farm in Glen Austin AH

R 16 500 000

Can I afford this?
Land Area 8.5 ha
Rates R 4950

Calling on all property investors and developers

This prime Agricultural holding has become available for sale.

The property is 85000m2 agricultural holding that can be rezoned for residentioal or industrial development. the property is situated close to Rantjiesfontein and the clayville suburb on olifantsfontein.

Whether a developer or just a property investor this property will offer you a good return on investment

This property is available with 2 industrial milling machines that are in one fully built workshop within the property.

The property can easily be converted into a lodge as it already has fully rented cottages.

Current monthly income from rentals of R81000, with a further potential of R15000 from the main house and rent-able warehouse space..

There is also Operational sand recycling business business with a monthly income of +-45000 and sand stock of about 2m. Truck, loaders and screens included in the price. Developers dump clean sand for free, we recycle for resale. 3 Phase electricity. Borehole water plus back up generator. 6.9 Hectares empty land, could be rezoned as Business Park. Residence is located on 1.6 hectares.CCTV cameras located throughout property with a security room. Laundry includes 3 washing machines and coin operated drier.

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Midrand, also known as the Halfway House, was established as a municipality in 1981. It is a very vibrant, accessible area that is growing at a rapid rate. Families flock to the area to take advantage of the laid back lifestyle and variety of amenities. There is plenty of employment nearby, with many large businesses taking advantage of Midrand's convenient location between big cities. Vodacom, Cell C, Neotel, Altech Autopage and many more large companies have offices situated here, and with its growing residential areas this is one of the up and coming areas in South Africa.

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8.5 ha farm in Glen Austin AH

R 16 500 000

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