Farm For Sale in Johannesburg

R 11995000
RunningCosts Bond
Property Type Farm
Erf Size 468654 m2
Levies R 0
Listing Date September 07, 2023
Floor Size NA
Rates and Taxes R 535
Street view
Local info

Property description

Situated in the SOUTH OF JOHANNESBURG, SOUTH AFRICA. A safe secure property investment in a stable property market will give good returns and low risk. The company owns freehold title to 46 hectares of prime land. Easy acquisition, buying six share blocks, gets 100% of the company and the property it owns. No red tape, no hidden costs.

There is an opportunity for a mix of upmarket residential and commercial development with plenty of scope to build hotels, hospitals, Medical Centre Shopping malls, casinos, or all of these. Light Industrial Factories for rental would also be possible if accessed from the R550 road frontage.

The board of the holding company has deliberately maintained the zoning as agricultural so as to keep taxes low. As the entire surrounding area is earmarked for development, applications for rezoning are encouraged and speedily processed by the local authority.

Other Developers and the government have already completed most of the infrastructure required to develop this property further the Roads have been paved. A main water supply Pipeline passes through the property. In addition, this property has a right to a pump station on the Klip River to provide cheap water for use in gardens golf courses, etc. Facilities for passing pipelines and Electric cables under the two public roads are already in place.

Mulberry Hill adjoins a major Golf estate development called ”The Eye Of Africa”, Mulberry Hill can offer a large number of beautiful upmarket sites.

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