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R49,000,000 | Investment For Sale in Palmietfontein AH

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R49,000,000

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Monthly Rates
R16,620

Prime Investment Property with 45 Rental Units – High-Yield Income & Expansion Potential

An exceptional opportunity to secure a well-positioned 8.56-hectare property with strong existing rental income and future development possibilities. Whether you're looking for a long-term residential rental portfolio, staff housing, or a site for phased expansion, this property delivers.

Vat is applicable on the sale of the property.

Property Breakdown – 45 Rental Units Generating Steady Income:
19 Bachelor Units – Open-plan layout with built-in cupboards, kitchenette, and private bathrooms

12 Two-Bedroom Units – Includes lounge, kitchen, and bathroom

11 One-Bedroom Units – Self-contained and tenant-ready

3 Three-Bedroom Units – Ideal for on-site management or additional rental income

Infrastructure & Services:
Secure perimeter wall with controlled gate access

Strong borehole plus backup water system
(2 × 10,000L tanks with pressure pump)

French drain system for wastewater

Ample parking and open green areas

Zoning Status:
The property is currently zoned Agricultural, with future zoning (as stipulated) to be implemented once specific conditions are met. Proposed use includes:

Zone 3: Overnight Accommodation

Zone 4: Filling Station

Zone 5: Public Open Space

Why Invest:
8.56ha of usable, accessible land

Strong monthly rental income from 45 units

Infrastructure in place for further development

Strategic zoning allowances (subject to conditions)

Ideal for developers, investors, or corporates needing staff housing

This property offers both immediate income and future development flexibility in a high-demand area.

Financials and rental schedules available on request.

Features

0
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Land Size
7.70Ha
Dries Du Preez
Dries Du Preez
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