About This Property
Calling All Developers! Prime 8.9-Hectare Development Opportunity on Gonubie Main Road
Country Living Within the City – An Investment with Exceptional Potential!
An exciting opportunity for developers and investors to acquire a prime 8.9-hectare property strategically positioned as you enter Gonubie Road. Offering excellent visibility, easy access and an established rental income, this property presents a unique combination of country-style living and future residential development potential.
Currently zoned for agricultural purposes, the property features a main residence and four additional rental units, all occupied on a month-to-month basis. This provides an existing income stream while you explore the property's longer-term development possibilities.
Existing Accommodation Includes:
- Main House: Five bedrooms, two bathrooms, two lounges and a built-in braai area.
- Flat 1: One bedroom, one bathroom and an open-plan lounge and kitchen.
- Flat 2: Three bedrooms, one bathroom and an open-plan lounge and kitchen.
- Flat 3: Two bedrooms, one bathroom and an open-plan lounge and kitchen.
- Flat 4: Two-and-a-half bedrooms, one bathroom, and an open-plan lounge, dining area and kitchen.
Additional Property Features:
- Municipal water supply from Buffalo City Municipality (BCM).
- Single-phase Eskom electricity supply.
- Controlled access.
- Excellent road visibility and convenient access.
- Dam adding to the property's rural appeal.
Future Residential Development Potential
Given its prime location and substantial land area, the property has been earmarked for potential future development. An attached proposed development layout illustrates the possibility of accommodating up to 140 single-residential stands, subject to the necessary rezoning, municipal approvals, infrastructure requirements and other statutory permissions.
Whether you are looking for an income-generating investment, a property with room to expand, or a strategic land acquisition for future residential development, this opportunity deserves your attention.
Contact Patrick or Tristian to arrange a viewing and explore the possibilities.
Features
Property Type
Farm
Listing Purpose
Sale
Municipal Rates
750 Estimated Price
Occupation
On Transfer
Amenities
- Furnished
