Small Holding for sale
Small holding Investment potential For Sale in Glenferness, Midrand
Opportunity for country living and income in Glenferness Agricultural Holdings — 2.6ha with General Store trading rights, extensive storage and established gardens; five-bedroom main residence.
2.6ha Agricultural Property with General Store Trading Rights - Glenferness
Income-Producing Agricultural Property | Retail Rights | Storage & Development Potential
A rare opportunity in Glenferness Agricultural Holdings, offering approximately 2.6 hectares of land with a combination of residential accommodation, retail rights, substantial storage space and future development potential.
The property is fully tenanted and currently generates approximately R67,000 per month, providing an immediate income stream while offering the new owner the opportunity to renovate, reposition and unlock further value.
Property Requires Major TLC
The property requires significant maintenance, renovation and general TLC and presents an excellent value-add opportunity for an investor, developer or buyer looking to improve and reposition the property over time.
Key Features
2.6 hectares of agricultural land
General Store Trading Rights
100m2 retail component
Approximately 900m2 additional space suitable for storage and other appropriate uses
Fully tenanted
Current rental income of approximately R67,000 per month
Subdivision potential, subject to the necessary approvals
Multiple existing dwellings
Approximately 1.6 hectares separately secured with palisade fencing and its own gated access
Mature established gardens
Paved driveway and shade carports
Borehole, currently not operational
Water tanks
Electric fencing
Palisade perimeter fencing
Automated entrance gate
Fibre and WiFi via Kiklo
Securely fenced gardens for the individual units
Residential Accommodation
The property comprises a main residence of approximately 600m2, together with:
2-bedroom cottage of approximately 120m2
3-bedroom cottage of approximately 120m2
1-bedroom cottage
Staff accommodation with separate toilet and shower
The main residence has also previously been utilised as office space, adding flexibility for residential or professional use, subject to the applicable requirements.
Retail, Storage & Business Potential
The property`s General Store Trading Rights provide for a 100m2 retail component.
A further approximately 900m2 can be utilised for storage and other suitable purposes, providing substantial additional space for storage, workshop or related facilities, subject to permitted uses and applicable approvals.
Land & Future Potential
Approximately 1.6 hectares is enclosed by palisade fencing with its own gated access, creating a separately secured portion of the property with potential for equestrian use, subdivision, additional rental opportunities or expansion of business activities, subject to the necessary approvals.
Investment Opportunity
With 2.6 hectares of land, existing rental income of approximately R67,000 per month, General Store Trading Rights, a 100m2 retail component and approximately 900m2 of additional storage space, this property offers multiple avenues for an investor to add value.
The property`s requirement for major TLC and investment provides the opportunity for the right buyer to renovate and transform the existing improvements while capitalising on the property`s size, location, existing income and development potential.
An exciting opportunity for an investor, developer, entrepreneur or buyer looking for a substantial agricultural property with existing income and significant upside potential.
Contact us today to arrange a viewing.
Additional features
Ownership costs
Property history
Listed for sale at R8,000,000
