Midrand, South Africa being shown by Jawitz Properties Ltd. with MLS # 6095d62c-b266-4a8c-9

Ideal for Shopping Centre or Townhouse Development Located in the sought-after area of Glen Austin, Midrand, this 33-hectare vacant land presents an excellent opportunity for investors and developers looking to establish a shopping centre or a townhouse development scheme. With its strategic location between Johannesburg and Pretoria, the property offers easy access to major transport routes, making it an ideal site for a high-return development. Key Features: • Location: Glen Austin, Midrand – a rapidly growing commercial and residential hub • Size: 33 hectares (330,000 square meters) of prime vacant land • Zoning Potential: Suitable for commercial and residential development (subject to municipal approvals) • Accessibility: Close to the N1 Highway, R101, and Gautrain station, ensuring excellent connectivity • Infrastructure: Near essential utilities (water, electricity, sewage) for seamless development • Surrounding Area: Well-established residential estates, schools, hospitals, and business parks nearby Development Opportunities: 1. Shopping Centre Development • Ideal for a retail hub, including supermarkets, fashion stores, restaurants, and entertainment venues • Strong demand for convenience shopping in the area • Opportunity to attract anchor tenants and well-known retail brands • Ample space for parking and pedestrian-friendly design 2. Townhouse Development Scheme • Perfect for a secure, modern townhouse estate catering to families and professionals • Potential for a mix of 2- to 4-bedroom units with landscaped communal areas • Strong demand for affordable and middle-income housing in Midrand • Close to business districts, making it attractive for young professionals and families Why Invest in Glen Austin, Midrand? • Midrand is one of Gauteng’s fastest-growing areas, offering excellent investment potential • Close proximity to Waterfall City, Mall of Africa, corporate offices, and tech hubs • Increasing demand for commercial and residential developments due to population and business growth • Easy access to OR Tambo International Airport and major transport networks Investment Potential: With urban expansion and a growing demand for residential and retail spaces, this strategically located property in Glen Austin offers a lucrative opportunity. Whether for a shopping centre or a townhouse development, this land is poised for high returns. Serious investors and developers are encouraged to seize this rare opportunity. Contact us today to arrange a site visit and discuss development possibilities.

Amenities

Bedrooms: 0
Full Bathrooms: 0
Partial Bathrooms: 0
Property Type: Land
Home size: 0 ft² / 0 m²
MLS: 6095d62c-b266-4a8c-9
Status: Active

$2,272,277

Listing currency: ZAR 39,500,000

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