Lifestyle Residential Estate opportunity For Sale in Honeydew, Roodepoort

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Asking Price : R 30 000 000 (1 796 407 EUR*)

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Province:Gauteng City:Roodepoort Suburb:Honeydew Erf Size: ± 160000 m2 Rates:R 3000 p/m

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Equestrian Estate or Institutional opportunity on Honeydew border

Set in the rolling green hills of the West Rand Indaba Country Estate offers a unique opportunity for a Property Developer to secure 16 hectares of prime land in a secured Estate on the newly tarred Indaba lane situated north of the Gary Player designed Ruimsig Golf Course.

The Property lends itself to the following uses

Residential Lifestyle Estate

Tourism related activities

Retirement Village

Private School or College

Lodge and/or Hotel

Rehabilitation and Wellness Centre

Equestrian Estate

With over 1.6 kilometers of electrified palisade fencing and controlled access linked to Drift Security and with 700 metres of concrete roads complete with sidewalks and streetlights accessing all 16 of the one hectare sub divisions this is a Developer's dream layout. Three phase Power and water connections to each of the one hectare portions completes the picture. Provision for access to the nearby Driefontein sewer line has also been made or Mogale Council will allow a "System" such as the Eloff system.

The audited holding company is available if required for a "share transfer" as opposed to a property transfer.


Exciting news just received is that INDABA LANE has recently been incorporated into the MOGALE CITY jurisdiction in July 2018. This now allows Developers to apply for a higher density than the current one dwelling per hectare ruling that applied under the Joburg Council. Current power and water services on site allow for a maximum of 59 houses. (315 kva 3 phase power in place)

OTHER FEATURES INCLUDE

CURRENT RENTAL INCOME

Three of the portions have attractive thatch dwellings on with short term tenants providing rental income to cover the monthly overheads of the Estate.An option to exclude these portions exists which reduces the asking price for the remaining 14 hectares to R23 million.

DAM AND SPRUIT

Prolific bird life are to be found year round at the spruit and small Dam on the lower portion.

AT ONE WITH NATURE

A herd of Blesbok at your fence and the panoramic views and gorgeous sunsets from each site will take you into another world of peace and tranquility

  • THE ESTATE IS WITHIN 10 MINUTES DRIVE FROM THE FOLLOWING FACILITIES
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  • Lanseria International Airport
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  • Lion and Rhino Park
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  • Cradle of Mankind centre Maropeng
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  • Wilgeheuwel and Pinehaven Netcare Hospitals
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  • Maragon...Trinity and Curro Private Schools (all ages)
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  • Monash University
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  • N14 Highway to Pretoria and Krugersorp
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  • Cradlestone and Clearwater Malls
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  • SilverStar Casino and Resort
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  • AND ONLY ONE HOURS DRIVE FROM THE ICONIC SUN CITY RESORT.
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