Development Land In Prime Area

Ref # 1914791 : Diepsloot, Midrand, Gauteng

R 112,000,000

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Property Details

The land is priced super well at under R1.3mil/hectare.

There is 4.5 hectares under roof with tenants on a month to month and generated between 2.5-3mil per year income.

There is a 365 kva generator with powers everything and the borehole water.

The main water pipes for Johannesburg water cut right through the land and also Eskom's power grid should you want to utilise those.

IT has 60 rental units which are all fully furnished.

The residential units have security beams and fencing all around.

There are also gas installations for other units.

There are no Usufructs on the land.

It is close to Makro and all the land around it is up for development with both residential and commercial properties.

Property Features

  • Property Type Vacant Land Commercial
  • Beds 30
  • Bath 20
  • Carports 90
  • Pool Yes
  • Building Size 3ha
  • Stand Size 87ha
  • Living Area 20
  • Staff Quarters 1