The property, situated in the heart of the rapidly developing Midrand area, offers a unique opportunity for investors and developers alike. This substantial 25.3146-hectare property, previously operated as a country hotel and conference centre, is currently leased to a start-up school with a flexible lease agreement that runs until December 2025. The property can accommodate various future development plans, from educational institutions to affordable residential complexes, with the potential to terminate the existing lease if necessary.
Strategically located along the Mnandi/Knoppieslaagte Road, the estate is nestled between the major arterial routes of R511 and R562, providing excellent connectivity to the N1 and N14 highways. The R511, extending from William Nicol Drive in Sandton, offers seamless access to both northern and southern destinations, making this property highly desirable. The estate is positioned just beyond prominent developments such as Dainfern, Helderfontein Estate, Century, and Steyn City, and enjoys stunning views that stretch all the way to the Magaliesberg mountains.
The estate is comprised of several single-storey buildings constructed with durable plastered and painted brick, featuring both cement tiles and iron sheeting on the roofs. Interior spaces are finished with a combination of rendered and painted walls, steel and timber-framed doors, and a mix of carpet and ceramic tile flooring. The existing structures include:
The property is fully enclosed by a 2.4m high brick wall topped with electric fencing, ensuring both security and privacy. Access is controlled through a manned security gate, with tarred access roads leading to open parking for approximately 50 vehicles.
Surrounding Environment:
The property is beautifully landscaped, with lush gardens enhancing the serene atmosphere. A prominent water feature, paired with a thatched lapa, adds to the aesthetic appeal, making this estate an ideal setting for future development projects.
Development Potential:
This property is situated within the urban boundary and has been the subject of extensive studies, including traffic impact assessments, geological investigations, and environmental surveys. The area is earmarked for future development, particularly for affordable housing projects. The estate’s elevation offers breathtaking panoramic views, making it an attractive prospect for residential or mixed-use development.
Utilities and Services:
Water: Municipal supply is available.
Electricity: The property benefits from two separate Eskom power points
Sewerage: Managed on-site with French drains.
Road Proposals and Encroachments:
There are currently no known road proposals or encroachments that could negatively impact the value or development potential of the estate.
The property is listed for R38 million. This is a rare opportunity to acquire a well-positioned estate with significant development potential in one of Gauteng’s most sought-after locations.
This property presents a versatile investment opportunity, with the flexibility to develop a range of projects from educational facilities to affordable residential communities. Its location, coupled with existing infrastructure and stunning views, makes it a standout property in the larger Midrand area.
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