30 Bedroom House For Sale in Kyalami

R25,000,000

1 Mnandi Road

Monthly Bond Repayment R258,047.10
Calculated over 20 years at 11% with no deposit.

Web Ref No ORL18729

Prime development opportunity

Situated on 13 hectares of prime land, this property offers an exceptional investment opportunity with a diverse range of offerings. Three hectares are already developed, featuring a stunning main home and 16 rentable cottages ranging from cozy bedsits to spacious 3-bedroom residences. Nestled within lush gardens and centered around a sparkling pool, these units generate substantial annual income ranging from R2 million to R3 million pa. Sold fully furnished, they present a turnkey opportunity for prospective buyers.

Additionally, the property boasts 10 hectares of untouched development land with the potential to be zoned for up to 132 units per hectare. This presents an attractive proposition for developers, with the low bulk cost per unit enhancing the investment appeal. The land benefits from existing water and electricity services, while the surrounding area offers accessible sewerage and water connections to support future developments.

Don't miss the chance to capitalize on this remarkable opportunity in a sought-after area for upscale housing. Contact us today for further information and take the first step towards securing your future with this exceptional development venture.

Features

Bedrooms 30
Security Yes
Bathrooms 16
Recep. Rooms 38
Study 5
Floor Size 4,500m²
Garages 5
Land Size 13,000m²
Carports/Parkings 30
Pool Yes
Pets Allowed Yes
Monthly Rates R5,000.00
Monthly Levy R1.00