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Glen Marais, Kempton Park, Gauteng
Development
ZAR 13,500,000
A rare 2.1-hectare multi-structure estate in Kempton Park carrying active Business 3 zoning and an in-principle Residential 3 township approval. Operate commercially today, unlock medium-density housing development tomorrow. With approximately 1,152m² under roof across multiple buildings, boreholes, and a formal gated entrance, this is a genuine land-and-rights play priced for the strategic buyer. Few properties in the Ekurhuleni corridor offer this calibre of zoning layering on a single title. Registered at 2.1235 hectares — Portion 137 of Farm 32, Rietfontein — this formally gated estate carries current Business 3 zoning, granting immediate lawful use as a conference centre, commercial facility, school, or business venue. That alone makes it income-ready from day one. The deeper play, however, is what sits beneath the surface. A township application for Residential 3 has already received in-principle approval, with conditions of establishment attached. Once finalised, this title unlocks medium-density residential development rights: up to three storeys in height, coverage at 60 units per hectare, subject to an approved site development plan. On a 2.1-hectare land parcel, the dev…





