R39,500,000
Monthly Bond Repayment R394,360.06
Calculated over 20 years at 10.5% with no deposit.
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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
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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties 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.