Olifantsfontein - Property Ref: f108799

Property
Description

Property Description

Farm 410 Portion 14 is an approximately 8.5653-hectare agricultural holding situated at 14 Van Riebeeck Road, Olifantsfontein, in Glen Austin, within the Ekurhuleni Metropolitan Municipality. The property is currently zoned agricultural; however, many properties in the area are being re-zoned in line with new infrastructure upgrades coming to the area, offering potential upside for investors and developers. The existing improvements comprise a 21-bedroom farm accommodation, previously used as camp accommodation for up-skilling and training and currently used as accommodation for a construction company. The property is in fair condition with solid foundations but is in need of some cosmetic upgrades. There are multiple outbuildings and warehouses that were used for up-skilling and are now used for the storage of building supplies and materials. A swimming pool is present but is not in working order. The property is fully fenced around its perimeter and also has internal fencing separating the different areas. This holding offers considerable scope for a range of agricultural, accommodation, storage or development uses, subject to the necessary approvals. Prospective purchasers should satisfy themselves as to the zoning, permitted use and condition of the property and conduct their own due diligence.

Features

Agricultural holding / Vacant Land

Land Size: 8.5653 ha (approx. 85 653 m²)

Zoning: Agricultural

Road Access: Yes

Existing improvements: 21-bedroom farm accommodation

Outbuildings / warehouses: Yes (currently used for storage)

Swimming pool: Yes (not in working order)

Perimeter and internal fencing: Yes

Area Description

The property is located in Glen Austin (Olifantsfontein), an agricultural-holdings area in Midrand within the Ekurhuleni Metropolitan Municipality, Gauteng. The area combines a semi-rural setting with convenient access to Midrand’s commercial and residential nodes, and offers proximity to shopping centres, schools, medical facilities, Grand Central Airport and major transport routes, including the N1, linking the area to the wider Johannesburg and Pretoria metropolitan areas. Many properties in the area are undergoing re-zoning in line with planned infrastructure upgrades.

Area Amenities

Glen Austin Village Shopping Centre – approximately 2.9 km 

Grand Central Airport – approximately 4.4 km

N1 Highway – approximately 5.5 km 

Boulders Shopping Centre – approximately 5.9 km 

Taal-Net Primary and High School – approximately 8.0 km 

Netcare Waterfall City Hospital – approximately 9.1 km