R12,000,000

Small Holding for sale in Maroeladal

16,849m²
Prime Property In Fourways For Development

Magnificent piece of land for sale.

One of the last pieces of vacant land nestled in the heart of Craigavon. Previously zoned for 59 residential units.

The property is 1.68 hectares and features a borehole as well as a cell phone tower which generates a profitable income.

There is an option to renew the lease for another 5 years.

There are currently 2 house and 2 cottages on the property.

Overall there is currently a passive income of 50K being generated on the property from the Cell Tower / 2 cottages and 1 house.

Perfectly located close to top schools, medical facilities as well as a ton of recreation. Close to major travel routes.

Contact me for more information.

Property Type
Small Holding
Stand Size
16,849m²
Rates & Taxes
R8,866
Reference
2086840
Property history
Listed for sale at R11,000,000
29 Nov 2022
Price increased by 9.1% to R12,000,000
19 Apr 2024
Get to know Randburg
Residential property for sale in the Randburg area can be classified into houses, townhouses, clusters, flats, apartments, small holdings and vacant land. The large variety of property available in the area means that Randburg and its suburbs have seen a steady growth in property sales.
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