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Investment Opportunity: Transformative Property in Midrand

R 25,000,000

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2 months ago137 views
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General Details
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):6+
Bathrooms (#):3
Description
Introducing a versatile property opportunity in the heart of Glen Austin, Midrand, Johannesburg. This expansive property is perfectly suited for a variety of purposes, making it an ideal investment for those seeking a lucrative venture. Whether you envision an entertainment/function venue, guest house & conference facility, team building facility, wedding venue, student accommodation, old age home, nursing home, health/drug rehabilitation facility, or any other innovative concept – this property offers the space and amenities to bring your vision to life.

Featuring 28 spacious en-suite rooms, a welcoming lounge area, a dining facility capable of accommodating approximately 80 guests, and a conference room that can host gatherings of 100-150 attendees (dependent on seating arrangements), this property is designed to cater to a diverse range of needs. Additional highlights include a reception area, office space, convenient store-rooms, a refreshing pool for relaxation, and ample parking space for over 100 cars. Some rooms are configured to accommodate up to 4 guests comfortably, ensuring flexibility and convenience for various setups.

Strategically positioned on the main street of Glen Austin, this property boasts easy accessibility from both Johannesburg and Pretoria, providing seamless connectivity to neighboring areas such as Sandton, Kempton Park, Kyalami, Centurion, and Sunninghill. Don't miss this exceptional opportunity to establish a thriving business or create a unique living space in a prime location with endless possibilities. Schedule a viewing today and unlock the potential of this remarkable property in Glen Austin, Midrand.

Rates And Taxes: 4400
Has Pool
Has Garden
Property Reference #: 2261955

Agent Details:
Melody Otto
Jacques Louw Properties
78 Hennie Alberts Street, Brackenhurst, Alberton

Id Subtitle 1285000908
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Estimated monthly repaymentR 270,927
Total property loan amountR 25,000,000
Total interestR 40,022,424
Total repaymentR 65,022,424
Interest rate at 11.75% for 20 years *
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Jacques Louw Properties
Selling for 4+ years
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