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R39,500,000

Monthly Bond Repayment R394,360.06
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Prime 33Ha Vacant Land in Glen Austin, Midrand

Ideal for Shopping Centre or Townhouse Development

Located in the sought-after area of Glen Austin, Midrand, this 33-hectare vacant land presents an excellent opportunity for investors and developers looking to establish a shopping centre or a townhouse development scheme. With its strategic location between Johannesburg and Pretoria, the property offers easy access to major transport routes, making it an ideal site for a high-return development.

Key Features:
• Location: Glen Austin, Midrand – a rapidly growing commercial and residential hub
• Size: 33 hectares (330,000 square meters) of prime vacant land
• Zoning Potential: Suitable for commercial and residential development (subject to municipal approvals)
• Accessibility: Close to the N1 Highway, R101, and Gautrain station, ensuring excellent connectivity
• Infrastructure: Near essential utilities (water, electricity, sewage) for seamless development
• Surrounding Area: Well-established residential estates, schools, hospitals, and business parks nearby

Development Opportunities:
1. Shopping Centre Development
• Ideal for a retail hub, including supermarkets, fashion stores, restaurants, and entertainment venues
• Strong demand for convenience shopping in the area
• Opportunity to attract anchor tenants and well-known retail brands
• Ample space for parking and pedestrian-friendly design

2. Townhouse Development Scheme
• Perfect for a secure, modern townhouse estate catering to families and professionals
• Potential for a mix of 2- to 4-bedroom units with landscaped communal areas
• Strong demand for affordable and middle-income housing in Midrand
• Close to business districts, making it attractive for young professionals and families

Why Invest in Glen Austin, Midrand?
• Midrand is one of Gauteng’s fastest-growing areas, offering excellent investment potential
• Close proximity to Waterfall City, Mall of Africa, corporate offices, and tech hubs
• Increasing demand for commercial and residential developments due to population and business growth
• Easy access to OR Tambo International Airport and major transport networks

Investment Potential: With urban expansion and a growing demand for residential and retail spaces, this strategically located property in Glen Austin offers a lucrative opportunity. Whether for a shopping centre or a townhouse development, this land is poised for high returns.

Serious investors and developers are encouraged to seize this rare opportunity. Contact us today to arrange a site visit and discuss development possibilities.

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Glen Austin AH, Midrand

Midrand property: A profile of Midrand property from a prospective buyer’s perspective, with information on attractions and where to buy in Midrand. Midrand Property Midrand is situated halfway between Johannesburg and Pretoria and is one of the fastest growing commercial and residential hubs in the country. Due to its proximity to Gauteng’s major cities; business owners, particularly in the...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

394,360.06

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