Vacant Land / Plot For Sale in Hillside, Randfontein

This stunning 1.7-hectare property in Hillside offers an exceptional investment opportunity with immense income potential. Ideally situated close to the main road, it provides both convenience and versatility, making it perfect for residential, guest house, or business use.
The property features a spacious main house with four large bedrooms, three bathrooms, a fully equipped kitchen with a scullery and pantry, a dining room, lounge, study, and air conditioning. In addition, there is a separate three-bedroom house with its own entrance, walk-in closet, two bathrooms, an open-plan kitchen with a breakfast nook, a living area, and an outside laundry.
There are multiple income-generating units, including three spacious three-bedroom flats, a two-bedroom flat, and a private granny flat. Each unit boasts its own garden and a secure garage. Pre-approved plans allow for the construction of six additional flats, further enhancing the investment value. The property currently generates an income of R30,000 per month, excluding the main house, which is owner-occupied.
Designed for both leisure and business, the property includes a swimming pool, an entertainment area, and a jacuzzi. A fully equipped lapa features gas and electricity supply, a built-in bar, a basin, and a toilet, creating the perfect setting for gatherings. Additional amenities include a gym room, two large storerooms that can be converted into flats or workshops, two smaller storerooms, and staff quarters.
Security and convenience are prioritized with an all-around fence, electric fencing, alarm systems, prepaid electricity, and a borehole. The zoning allows for both business and agricultural use, offering endless possibilities for further development on the expansive erf. With a level lawn and well-maintained grounds, this property is a rare gem that combines luxury, investment potential, and practicality.andnbsp;
Rates, taxes, levies, and ERF sizes are estimates and subject to change.