Glen Austin AH, Midrand, Gauteng

R 24,999,999

12 Beds | 6 Baths | 22,000 m² Land

An exceptional opportunity for property developers, land investors and high-net-worth investors seeking strategic development land in Midrand.

This substantial ±29-hectare agricultural holding in Glen Austin, Midrand combines existing income-producing residential and professional-use improvements, multiple boreholes, a natural wetland and dam environment, and significant long-term development potential.

Positioned within the wider Midrand and Waterfall growth corridor, it offers significant scale and flexibility for an experienced investor.

Located in Glen Austin Agricultural Holdings, the property offers the country lifestyle and open space of a large farm while remaining connected to the wider Midrand metropolitan area, with access to major roads, shopping centres, schools, medical facilities and business districts.

A key attraction is the existing income-producing infrastructure.

Potential rental income includes two 1-bedroom flats at approximately R10,000 per month, the main house at approximately R10,000, church premises at approximately R5,000, a 1-bedroom rondavel at approximately R20,000, 5-bedroom accommodation at approximately R8,000 and a dental/medical practice at approximately R40,000 per month.

Rental figures, occupancy and lease arrangements remain subject to verification and purchaser due diligence.

The main residence comprises two bedrooms, a study, one bathroom, lounge and kitchen, with three covered carports. Additional accommodation includes two 1-bedroom houses, each with a bathroom and kitchen, a separate 2-bedroom, 2-bathroom house and a 1-bedroom rondavel. The dental/medical facility includes reception, multiple rooms, kitchens and bathrooms.

Water infrastructure includes three boreholes across the property and an additional borehole serving the rondavel area. Borehole registrations, yields and water-use rights should be independently verified.

The property’s natural wetland and dam environment creates an attractive country setting, particularly during the rainy season. This could potentially support boutique accommodation, conferencing, weddings and events, equestrian facilities or recreational trails, subject to environmental and municipal approvals.

For developers and land investors, the property’s scale creates long-term opportunity.

The current zoning is Agricultural, and the property comprises multiple title deeds with ownership held through individual and trust structures. Any future subdivision, rezoning, increased density or alternative land use would require professional town-planning, environmental, engineering, municipal and statutory approvals.

The property is not being represented as an approved residential development. Instead, it offers a suitably capitalised developer or land investor the opportunity to investigate its highest and best future use.

Potential concepts could include a lifestyle estate, boutique lodge, equestrian destination, conference and retreat facility or nature-based accommodation, subject to approvals. The existing wetland and 100-year flood-line area must form part of any future development assessment.

It is a substantial Glen Austin landholding and investment opportunity combining land, existing improvements, rental-income potential, water infrastructure, natural amenities and long-term development optionality.

It offers an experienced developer the opportunity to investigate its future potential while providing a land investor with substantial land and existing income-producing improvements.

Private viewings are strictly by appointment.

Contact Kuan Wen Ting and Virginia Mashita of Leapfrog Property Group Midrand to arrange a private viewing and receive further information regarding the property’s existing improvements, income potential and development considerations.

Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.

Key Details

Reference LMDR-0308

Listing type Sale

Property type AgriculturalHolding

Listing zone Farm

Suburb Glen Austin AH

City Midrand

Province Gauteng

Rates R 2,000

Property Details

Bedrooms 12

Bathrooms 6

Land size 22,000 m²

T V Yes

Fence Yes

Patio Yes

Study Yes

Garden Yes

Kitchen Yes

Laundry Yes

Storage Yes

Borehole Yes

Sea View Yes

Boom Gate Yes

Reception Yes

Access gate Yes

Smoking Allowed Yes

Security Post Yes

Garden Cottage Yes

Staff quarters Yes

Built-in cupboards Yes

Pre Paid Electricity Yes

Finance

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Disclaimer

While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.