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Olivedale, Olivedale, Randburg, Gauteng
R 6 500 000
This is an exceptional investment opportunity located in a serene, natural setting, perfect for further development. In addition to a beautifully designed main house and several luxurious cottages, this expansive property includes approximately 5,800 square meters of open land, ideal for the construction of additional cottages, flatlets, or apartments, depending on your vision for the site. The main house itself offers a harmonious blend of luxury and functionality, nestled amidst lush greenery and picturesque views. Upon entry, you're welcomed into an open-plan layout, seamlessly integrating the living, dining, and kitchen areas. Large windows provide abundant natural light and stunning views, creating an inviting, airy atmosphere. The modern kitchen is a chef's dream, featuring high-end appliances, ample storage, and a large island, making it perfect for family meals and entertaining. The home includes multiple expansive bedrooms, including a master suite with a private balcony, spacious layout, and an elegant en-suite bathroom with a soaking tub and separate shower. The outdoor area is equally impressive, with beautifully landscaped gardens and peaceful spaces perfect for relaxation and family gatherings. A large patio provides an ideal space for al fresco dining or simply enjoying the tranquil surroundings. Additionally, the property includes a private office/study, offering a quiet retreat or work-from-home option. This beautiful standalone home is further enhanced by three luxurious cottages, each providing privacy and comfort: Cottage 1 (The three little pigs) features an open-plan design with a modern kitchen, luxurious island, and top-of-the-line appliances. The master bedroom includes a walk-in closet and a full bathroom with a urinal, shower, and bathtub. Cottage 2 (Cinderella) is a stunning loft with its own private garden and water feature. It includes a spacious lounge and kitchen, along with a generous bedroom, offering a blend of modern living and natural beauty, complemented by magnificent views from the private patio. Cottage 3 (Snow White Cottage) stands out with its red rising wood exterior and sleek modern interiors. It features a full bathroom and a servant's quarter with its own private bathroom, offering additional functionality and versatility. The 5,800 square meters of open land on this property provide significant development potential, whether you choose to expand with additional cottages, flatlets, or even apartments. This land is perfectly suited for creating more residential units to meet growing demand, offering a rare opportunity to capitalize on a property in such a desirable location. This Property provides a fantastic mix of luxury living, natural beauty, and versatile development potential, making it an ideal investment for long-term growth. Please feel free to contact me for further details or to arrange a viewing of the property JOWIC (PTY) LTD trading as RE/MAX Jowic (Wierda Park) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 61 381
on a R 5 850 000 bond over 20 years at 11.25%
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Olivedale, Olivedale, Randburg, Gauteng
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Liivra AI market value
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Listed by
Dineo Le Roux
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