R 7,995,000
EXCLUSIVE DEVELOPMENT & INVESTMENT OPPORTUNITY IN OLYMPUS
Ref # 2358936 : Olympus Ah , Pretoria , Gauteng
Property Details
This exceptional 1.1-hectare smallholding in the sought-after Olympus area presents an unparalleled investment opportunity for developers, business owners, and lifestyle enthusiasts. With a blend of commercial rights and residential potential, this property is ideal for a restaurant, roastery, coffee shop, boutique event venue, or an upscale residential development.
Key Development Approvals & Opportunities with various options available
1.Township Establishment Application (Pending Approval)
✔ The Department of Roads & Stormwater requested amendments, which were submitted on February 9, 2017
✔ Application was placed on hold due to the restaurant approval
✔ Includes essential documentation, such as:
- Mineral Rights Consent
- GDARD Clearance
- Council for Geoscience No Objection
Exciting Development Potential:
The seller is open to a Joint Venture with a potential developer for a Residential 2 development (25 double-storey units).
Financial Benefit:
The seller will contribute towards the development charges for Roads and Stormwater provision.
Additional documentation is available upon request.
2.Consent Use for a Restaurant
✔ Approved on March 1, 2019, subject to conditions
✔ Extension granted until March 3, 2025, to meet approval conditions
✔ Extension granted until March 2026, after which approval will lapse
3.Consent for Exclusion from Agricultural Holding
✔ Automatically submitted as part of the township establishment application
✔ New farm description approved on November 23, 2018 (Certificate available)
________________________________________
Thatched Residence & Business Potential
(R7 995 000-00 (Excl. VAT) with business rights)
(R7 000 000-00 without business rights)
No transfer fees
The property offers a seamless blend of business and leisure. Whether for private use, a boutique hospitality business, or commercial redevelopment, the possibilities are endless.
The Main Residence – 380m2 of Elegant Living
A tranquil retreat with spacious interiors and seamless indoor-outdoor flow
✔ 3 En-suite bedrooms plus a study
✔ Three entertainment/living areas
✔ Kitchen with scullery and guest toilet
✔ Expansive covered patio with a built-in braai
✔ Open fire boma for outdoor gatherings
✔ Sparkling pool with deck, set in lush gardens
✔ Double garage and three carports
________________________________________
The Restaurant & Business Facility – 320m2 of Prime Commercial Space
Previously operated as a restaurant and coffee shop, this fully equipped facility is currently rented as a three-bedroom residence, offering flexibility for both commercial and residential use.
✔ Industrial kitchen with extraction fans and walk-in cool room
✔ Three entertainment areas with open and enclosed service spaces
✔ Built-in braai & pizza oven
✔ Large boma for open-fire dining experiences
✔ 110m2 thatched lapa, ideal for outdoor entertainment
✔ Ample parking for 50+ vehicles
________________________________________
Special Features & Amenities
✔ 80KVa three-phase diesel generator powers the entire estate
✔ Strong borehole with an irrigation system + municipal water connection
✔ Security features: Electric fence, controlled access gate, burglar bars, and security beams
✔ Kid-friendly features: Castle play area for children
✔ Prime location: 2 minutes from Checkers shopping complex, close to top schools and hospitals, commercial business and shopping malls. It is also close to various main roads and highways.
________________________________________
An Unmatched Investment Opportunity
This versatile property is an ideal blend of luxury, business potential, and investment growth. Whether you want to develop a high-end residential estate, establish a thriving hospitality business, or secure a one-of-a-kind commercial investment, this exclusive opportunity awaits!
📞 Contact us today to schedule a viewing and explore the full potential of this magnificent property.
Your dream investment starts here!
Property Features
- Property Type Mixed Use
- Building Size
- Stand Size 1.1ha
Location
Enquiry
Interested in property 2358936? Please fill in your details below, and we will contact you as soon as possible.