Located on Kruger Road, President Park Agricultural Holdings in Midrand, this unique, versatile small holding presents exceptional investment opportunities and cashflow generation. Set on an expansive 8,631 square meter stand, the property features five completed residential units, each boasting two spacious bedrooms. These units provide a steady income stream, ideal for investors seeking rental income.
The property also has an old building that can be renovated to build more residential units or business building such as storage facilities or demolish it to create space where agricultural ventures can take place such as planting fruit trees, vegetable garden, nursery etc
The property is easily accessible with three separate entrances, enhancing privacy and convenience for tenants or business operations. Additionally, there are four garages, offering parking and / or storage space.
Further adding to the property's potential are several unfinished units, offering the possibility for expansion and increased rental income. This versatility makes the property suitable not only for residential leasing but also for various small business ventures, given its strategic location in Midrand, a rapidly growing business hub.
The asking price for this promising investment ranges from R2.7 million to R3.1 million, offering substantial value for its size, amenities, and potential for further development. This small holding is a rare find in the Midrand area, combining residential comfort with business opportunities in a sought-after location.