Exceptional Development Opportunity with Multiple Investment Possibilities

Calling all property developers, investors, and visionary entrepreneurs! Discover the outstanding possibilities of this expansive 1.713-hectare (17,130 m²) agricultural holding in the sought-after Chancliff Agricultural Holdings, Krugersdorp. Surrounded by an area where townhouse developments are already established, this property presents an exciting opportunity to explore future residential development. The substantial open land at the rear offers potential for a townhouse project, while the existing buildings may provide further possibilities for redevelopment or conversion, subject to rezoning, municipal approval and the necessary building requirements. The impressive 787.8m² residence offers five bedrooms, five bathrooms, generous living areas, a country-style kitchen and a spacious office with its own entrance, providing immediate accommodation or potential alternative uses while development plans are considered.

Adding another dimension to this investment is the property's established workshop infrastructure and business potential. A substantial 220m² workshop, equipped with vehicle lifts for working underneath vehicles, offers possibilities for automotive-related operations or other suitable business activities, subject to the applicable land-use rights. Alternatively, developers could investigate converting the workshop buildings into additional residential accommodation as part of a larger development vision. Three-phase and single-phase Eskom electricity, a borehole, prepaid electricity, an oversized automated double garage and four covered carports further enhance the property's versatility. With convenient access to the R28, established surrounding residential developments and generous land available for future possibilities, this property offers an exciting opportunity for investors seeking flexibility and long-term potential. Whether your vision is townhouse development, residential conversion or a business investment, this is an opportunity worth investigating. Arrange your exclusive viewing and explore the possibilities! Call Hanlie today for an exclusive tour.