Small Holding for sale in Glenferness, Midrand, 380 m²

Glenferness, Midrand, Gauteng

Small Holding

ZAR 8,000,000

• 5 bedrooms
• 2.5 bathrooms
• 380 sqm
• 26,701 m² plot

2.6ha Agricultural Property with General Store Trading Rights - Glenferness Income-Producing Agricultural Property | Retail Rights | Storage & Development Potential A rare opportunity in Glenferness Agricultural Holdings, offering approximately 2.6 hectares of land with a combination of residential accommodation, retail rights, substantial storage space and future development potential. The property is fully tenanted and currently generates approximately R67,000 per month, providing an immediate income stream while offering the new owner the opportunity to renovate, reposition and unlock further value. Property Requires Major TLC The property requires significant maintenance, renovation and general TLC and presents an excellent value-add opportunity for an investor, developer or buyer looking to improve and reposition the property over time. Key Features 2.6 hectares of agricultural land General Store Trading Rights 100m² retail component Approximately 900m² additional space suitable for storage and other appropriate uses Fully tenanted Current rental income of approximately R67,000 per month Subdivision potential, subject to the necessary approvals Multiple existing dwellings…