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President Park, President Park, Midrand, Gauteng
R 4 000 000
SOLE MANDATE "Viewing by appointment only" Inviting buyers to view and negotiate from R3,700,000 Are you looking for an oasis in Midrand? Are you looking for a property to purchase in your property stokvel? This tranquil agricultural holding in Midrand features natural vegetation, abundant bird life, a natural wetland (seasonal), privacy and security and ample space to expand the number of cottages. The French-styled farm village is ideal for multi-generational living. It features 7 cottages with loads of accommodation: sleeps up to 20 people, has undercover parking for 8 cars, and currently generates excellent rental income. Six of the seven cottages have kitchens with gas ovens and hobs. Each cottage has Wi-Fi for residents' convenience. Cottages 1,2,3 consist of 2 bedrooms and 2 bathrooms each. Cottage 4 has 1,5 bedrooms and two bathrooms and a private roof garden. Cottages 5, and 6 are I bedroom and I bathroom each. Cottage 7 has 2 bedrooms, a bathroom, a large farm-style kitchen, two lounges and access to a large outdoor boma with a pizza oven and built-in braai area. The covered outdoor entertainment area with a pizza oven and braai area makes a wonderful setting for small functions, mini-conferences, training sessions etc. The terraced vegetable garden is ideal for homegrown vegetables. The indigenous vegetation creates a low-maintenance, eco-friendly environment including gas and solar geysers. Set on a hectare, this safe and secure panhandle property is perfectly positioned for convenient access to the N1 highway, Gautrain, Grand Central Airport, Mall of Africa, Turkish Mosque, and the Waterfall and Midrand business precincts. It is conveniently located 5.6 kilometres from Life Carstenhof Hospital and 5.1 kilometres from Netcare Waterfall City Hospital, making it ideal for a post-op recovery centre or a health spa. The property is located 3 km from Eduvos Private Higher Learning Provider. This versatile property can be used for leisure, residential, business, or a combination, and can be adapted to suit most requirements. If you want to generate income, have a large family, or use this as your business premises, then this property is essential viewing. There is ample space to build additional cottages – invest in this property and let the income pay your bond. Viewing by appointment only. Book your viewing now before this property is sold. Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
Estimated monthly repayment
R 37 773
on a R 3 600 000 bond over 20 years at 11.25%
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President Park, President Park, Midrand, Gauteng
Area view — the exact address is shared on enquiry.
Liivra AI market value
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Listed by
Emma Mabunda
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