R 85 000 000 | 3 bed property for sale in glen austin ah

Property Description

This sale consists of four parcels of land, adjacent to one another, but being sold by the seller as a single unit. These four parcels of conjoined land (2 erven; 4 portions) have been rezoned for Commercial and Residential use as well as vacant land. The northwest erf has commercial rights and has a partially built shopping centre,whilst the south west erf has general residential rights and a partially built "student" accommodation structure with a beautiful man-made lake, 3.5m deep, stocked with fish and protected by weeping willow trees. The partially built shopping centre has a gross lettable area (GLA) of 4,746m2 and has all the relevant infrastructure in place, such as roof, sewer, water and paving. The residential unit has similar infrastructure in place, with its own manmade stocked dam. Of the remaining two erven one has a home (east of the commercial rights property) and east of that erf, the last tract of land is designated "vacant". All relevant permissions, rezoning and documentation can be viewed upon application. Whilst every care has been taken in the preparation of this listing, we cannot be held liable for any errors and/or omissions which may have occurred.


Property Details

Purchase Price R 85 000 000

Building Size4746 m2

Price Per SQMR 17909 m2

Type of PropertySmall Holding

Monthly Rates25109

Land Size8 m2

Pets AllowedYes

Last Updated03 Dec 2024

Rooms

Kitchen1

Bedrooms3

Bathrooms2.5

Reception Rooms

Lounges2

Dining Room1

External Features

Garages2

Carports50

General Features

SecurityYes

RoofingSlate

FlooringCement

Property Location

Agent

Sava Michaelides

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