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Chartwell, Chartwell, Randburg, Gauteng
R 5 800 000
Prime 8,560m2 Agricultural Holding with Income-Generating Cottages & Subdivision Potential An exceptional opportunity awaits on this expansive 8,560m2 agricultural holding, perfectly positioned for both strong rental returns and future development in Chartwell. The property currently features six fully rented cottages, offering immediate income: 2 cottages with 3 bedrooms and 2 bathrooms. 4 cottages with 2 bedrooms and 1 bathroom each. Each cottage is thoughtfully designed with covered verandas, is fully fenced, features prepaid electricity and water, and offers excellent privacy. All units are pet-friendly, making them highly desirable to long-term tenants. Adding to its appeal, the land could be subdivided into 28 units, making this a rare find for developers seeking a strategic foothold in a rapidly growing area. The property enjoys a unique advantage as it straddles two roads, allowing for dual access—a significant benefit for future development, enabling more units due to reduced internal roadway requirements. Ideally located with easy access to Cedar Road, Broadacres Shopping Centre, top local schools, and Lanseria Airport, this property offers both convenience and exceptional investment potential. Whether you’re looking to expand your rental portfolio or embark on a multi-unit development, this well-positioned property offers endless possibilities. Some might remember Chartwell and Broadacres as undeveloped farmland but the area has mirrored the growth and development of the Fourways node. Forming one of the sought after and upmarket residential areas of the northern suburbs, Broadacres offers a safe lifestyle with an excellent security presence. This suburb is beautifully quiet and pleasant to live in, perfect for young growing families and also for those scaling down into smaller homes or one of the upmarket retirement Estates. Boasting an excellent balance of the tranquillity of country living and the convenience of city life Broadacres is close to a wealth of amenities. Excellent schools in the area include Broadacres Academy, Heron Bridge, Dainfern and Steyn City, one is close to the highly popular Broadacres shopping centre and the recently upgraded Fourways Mall, and Fourways Life hospital is on your doorstep. Superb restaurants in the area abound and Monte Casino Entertainment Centre is close by. One of the massive benefits of living in this wonderful suburb is the close proximity of Lanseria International airport and also how close you are to the wonderful country lifestyle of Cradle of Mankind and Hartbeespoort to name a few.
Estimated monthly repayment
R 54 771
on a R 5 220 000 bond over 20 years at 11.25%
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Chartwell, Chartwell, Randburg, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Zanele Makhanya
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