A strategic land holding in one of Kloofs most desirable nodes.

Description

Crashed sale - back on the market. A truly rare and exceptional investment opportunity in the prestigious Glenholm area of Kloof. This unique property offering comprises three adjacent, mostly level one-acre plots, positioned just 300m from the Spar Shopping Centre, close to leading Kloof schools, and offering effortless freeway access. Opportunities of this scale and positioning in central Kloof are exceptionally scarce. A Once-in-a-Generation Opportunity Three consolidated acres. Prime central location. Established nursery rights. Endless development potential. This is more than a property — it is a strategic landholding in one of Kloof’s most desirable nodes. Given its current residential zoning with a development parameter of 35% for floor area ratio (totalling 4 375sqm), this would translate to a possible building size. For serious investors, developers, or visionary entrepreneurs — this is your opportunity to secure something truly special. Property Breakdown No. 8 – Glenholm Ext 1 | 4,111m² (Vacant) No. 10 – Glenholm Ext 1 | 4,199m² (Improved) No. 12 – Glenholm Ext 1 | 4,192m² (Vacant) All three properties are currently zoned Residential with a minimum plot size of 4,000m² in the Glenholm precinct. Under current zoning, each vacant plot allows for: A main dwelling An ancillary dwelling of 80m² Suitable outbuildings In December 1975, the Town Council of Kloof granted special consent for all three ERFs to operate as a nursery, a longstanding and well-established garden nursery presence in the community. Each property includes: A 10-foot-wide stormwater and sewerage servitude A water reservoir fed by stormwater runoff from the main road (benefiting nursery operations) Existing Improvements (No 10) Main House – ±200m² 3 Bedrooms 1 Bathroom Entrance hall Dining room Kitchen Laundry Lounge with fireplace Double-Storey Flatlet – ±80m² 1 Bedroom 1 Bathroom Open-plan lounge, dining & kitchen Large covered veranda Office & Staff Accommodation – ±96m² Shop space Office 2 Staff rooms Ablution facilities Current Value Proposition 1️⃣ Expand the Existing Nursery The current nursery utilises less than half of the available land. There is significant scope to enhance, upgrade, and create a landmark “super nursery” in a prime suburban setting. 2️⃣ Secure Three Adjacent Acres in Central Kloof A rare consolidation opportunity with powerful long-term upside potential — including future rezoning possibilities. 3️⃣ Residential & Rental Development Potential Upgrade existing main house, flatlet, and nursery buildings for upscale rental accommodation Develop new main homes, ancillary dwellings, and outbuildings on the two vacant ERFs Alternatively, sell off vacant plots for residential development Future Upside Potential Should a purchaser pursue and secure rezoning (post-transfer), the value could increase substantially. Possible rezoning uses may include: Frail care or aged care facility Retirement apartments Educational facility Specialised crèche, hospital, or medical centre Office park Important: The property is not being sold subject to rezoning. Any rezoning process would be undertaken by the new owner after the transfer. Current income on the property includes R16 645pm from the rental of the main house, and on average, monthly nursery income of R60 000pm. The waterborne sewerage network is on the property, but not yet connected, which will encourage future more dense development. Come and build your own future.

Features

Air Conditioner

Yes

Alarm System

Yes

Garden

Yes

Security Gate

Yes

Sliding Doors

Yes

Borhole

Yes

Burglar Bars

Yes

Carpets

Yes

Internet Port

Yes

Irrigation System

Yes

Sprinkler System

Yes

Telephone Port

Yes

Curtain Rails

Yes

Driveway

Yes

Outdoor Beams

Yes

Tiled Floors

Yes

Totally Fenced

Yes

Veranda

Yes

Washing Machine Connection

Yes

Entrance Hall

Yes

Eye Level Oven

Yes

Fibre

Yes

Fireplace

Yes

Paveway

Yes

Water Tank

Yes

Borehole

Yes