R 39 500 000 | land property for sale in glen austin ah

Property Description

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.


Property Details

Purchase Price R 39 500 000

Type of PropertyLand

Land Size330000 m2

Last Updated08 Jul 2025

Property Location

Agent

Crispen Maseko

Share        

Add Email Alert
To receive emails for similar properties in Glen Austin AH!


Close