Prime High-Density Development Opportunity | President Park
Situated within a proclaimed high-density metropolitan zone, the property supports applications for RES 3 or RES 4 zoning, subject to municipal approval, making it well suited for medium- to high-density residential and income-generating developments.
Existing Improvements & Immediate Utility
The property features a substantial main residence, multiple cottages, and strong infrastructure, allowing for immediate occupation, rental income, or interim use during development planning.
Main Residence (±700m²):
Six bedrooms
Five bathrooms (four en-suite)
Main suite with private lounge and dressing area
Double-volume lounge with fireplace
Dining room and TV lounge
Well-equipped kitchen, pantry, and scullery with industrial sinks
Additional Structures:
Six studio cottages
Staff accommodation
Three storerooms
Seven undercover parking bays
Full security features throughout
Outdoor & Lifestyle Amenities
Two entertainment lapas
Large swimming pool with jacuzzi and water features
Landscaped garden with mature trees
Grey-water and drainage systems
Infrastructure, Power & Security
High-yield borehole
5,000L water tank with pressure pump
Commercial automated main gate
Double-zone electric fencing
Fire safety system
Solar System (20kW):
Luxpower inverters
Dyness lithium batteries
Canadian Solar panels
Reduced grid dependence and operational costs
Zoning & Development Potential
Located within Johannesburg’s New Metropolitan Node framework, the property aligns with municipal densification objectives. Surrounding developments have achieved RES 3 and RES 4 approvals, supporting future applications.
Ideal for:
Residential complexes
Student accommodation
Lodge or hospitality projects
Rental-focused developments
Mixed-use concepts
Previously operated as a small conference venue, highlighting its versatility.
Investment Summary
With its substantial land size, established improvements, strong infrastructure, and favourable zoning environment, this property offers an excellent balance of immediate income potential and long-term development upside.
An ideal opportunity for developers seeking a well-located site with proven adaptability and scalable future value.
Features
President Park, Midrand
- Street map
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Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.