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Northvale AH, Northvale Ah, Krugersdorp, Gauteng
R 4 950 000
Prime Hospitality & Lifestyle Development Opportunity with Immediate Income Positioned in a tranquil yet highly accessible location with easy connectivity to major highways, this agricultural holding offers a rare combination of established income and significant development potential.The property is already income-producing, generating a substantial and consistent rental stream, providing immediate cash flow from day one. This makes it an attractive low-risk entry with the added benefit of future expansion.Zoned Agricultural with extensive primary rights, the property allows for a wide range of commercial and hospitality uses, including a hotel, function and events venue, chalets, health spa, restaurants, pubs, chapel, conference facilities, offices, and retail shops. The flexibility of these rights supports the creation of multiple income streams within a single development.Development parameters are generous, with a permissible bulk of up to 6,000m2, 20 coverage, and a height allowance of two storeys. In addition, four dwelling units are approved, ideal for on-site management or supplementary residential letting.The serene setting enhances its appeal as a destination venue, while its strategic accessibility supports strong demand from both corporate and leisure markets. With zoning and rights already secured, the property offers reduced approval risk and a faster path to development.This is a compelling opportunity for investors seeking a property that delivers immediate returns while offering substantial long-term value through development. Show more Show less
Estimated monthly repayment
R 46 744
on a R 4 455 000 bond over 20 years at 11.25%
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Northvale AH, Northvale Ah, Krugersdorp, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Sipho Coetzee
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