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R7,995,000
$438,502
£339,428
€403,140

Mixed Use for sale in Olympus Ah

1.1ha
Exclusive Development & Investment Opportunity In Olympus

This exceptional 1.1-hectare smallholding in the sought-after Olympus area presents an unparalleled investment opportunity for developers, business owners, and lifestyle enthusiasts. With a blend of commercial rights and residential potential, this property is ideal for a restaurant, roastery, coffee shop, boutique event venue, or an upscale residential development.

Key Development Approvals & Opportunities with various options available

1.Township Establishment Application (Pending Approval)

✔ The Department of Roads & Stormwater requested amendments, which were submitted on February 9, 2017

✔ Application was placed on hold due to the restaurant approval

✔ Includes essential documentation, such as:

  • Mineral Rights Consent
  • GDARD Clearance
  • Council for Geoscience No Objection

Exciting Development Potential:

The seller is open to a Joint Venture with a potential developer for a Residential 2 development (25 double-storey units).

Financial Benefit:

The seller will contribute towards the development charges for Roads and Stormwater provision.

Additional documentation is available upon request.

2.Consent Use for a Restaurant

✔ Approved on March 1, 2019, subject to conditions

✔ Extension granted until March 3, 2025, to meet approval conditions

✔ Extension granted until March 2026, after which approval will lapse

3.Consent for Exclusion from Agricultural Holding

✔ Automatically submitted as part of the township establishment application

✔ New farm description approved on November 23, 2018 (Certificate available)

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Thatched Residence & Business Potential

(R7 995 000-00 (Excl. VAT) with business rights)

(R7 000 000-00 without business rights)

No transfer fees

The property offers a seamless blend of business and leisure. Whether for private use, a boutique hospitality business, or commercial redevelopment, the possibilities are endless.

The Main Residence – 380m2 of Elegant Living

A tranquil retreat with spacious interiors and seamless indoor-outdoor flow

✔ 3 En-suite bedrooms plus a study

✔ Three entertainment/living areas

✔ Kitchen with scullery and guest toilet

✔ Expansive covered patio with a built-in braai

✔ Open fire boma for outdoor gatherings

✔ Sparkling pool with deck, set in lush gardens

✔ Double garage and three carports

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The Restaurant & Business Facility – 320m2 of Prime Commercial Space

Previously operated as a restaurant and coffee shop, this fully equipped facility is currently rented as a three-bedroom residence, offering flexibility for both commercial and residential use.

✔ Industrial kitchen with extraction fans and walk-in cool room

✔ Three entertainment areas with open and enclosed service spaces

✔ Built-in braai & pizza oven

✔ Large boma for open-fire dining experiences

✔ 110m2 thatched lapa, ideal for outdoor entertainment

✔ Ample parking for 50+ vehicles

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Special Features & Amenities

✔ 80KVa three-phase diesel generator powers the entire estate

✔ Strong borehole with an irrigation system + municipal water connection

✔ Security features: Electric fence, controlled access gate, burglar bars, and security beams

✔ Kid-friendly features: Castle play area for children

✔ Prime location: 2 minutes from Checkers shopping complex, close to top schools and hospitals, commercial business and shopping malls. It is also close to various main roads and highways.

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An Unmatched Investment Opportunity

This versatile property is an ideal blend of luxury, business potential, and investment growth. Whether you want to develop a high-end residential estate, establish a thriving hospitality business, or secure a one-of-a-kind commercial investment, this exclusive opportunity awaits!

📞 Contact us today to schedule a viewing and explore the full potential of this magnificent property.

Your dream investment starts here!

Property Type
Mixed Use
Stand Size
1.1ha
Reference
2358936
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R82,523
Home loan repayment
R82,523
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R0
Property history
Listed for sale at R7,995,000
10 Feb 2025
Get to know Pretoria
Situated in the Northern part of Gauteng, Pretoria offers residents a melting pot of culture, tradition, history and first world commerce.
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