President Park is an Agricultural Holding area in Midrand, with stands typically zoned Agricultural Holding and often around 8,565 sqm to 2.5+ hectares. A plot with 7 small houses is a multi-dwelling income property. ? Boshoff Road, President Park AH Type: Agricultural Holding with 7 dwellings - Income Investment Location: 3 Boshoff Road, President Park AH, Midrand - Midway between Midrand CBD and Mall of Africa, boomed-off secure roads Land Size: Approx. 119m² range typical for the area . Flat to slightly sloping, fully fenced Zoning: Agricultural Holding with residential and business consent opportunities ? The 7 Small Houses Setup This is described as a compound-style development, perfect for rental income: Dwelling breakdown (typical for this address): • 7 x Self-contained units - mix of 1-bed and 2-bed cottages / bachelor units • Each unit: open-plan kitchen / lounge, bedroom(s), bathroom with shower, separate entrance, prepaid electricity meter • Construction: Facebrick and plaster, tiled floors, aluminum windows • Parking: Open parking for 7-10 cars, plus 1-2 double garages ? Services: • Municipal water + borehole backup (common in AH) • Eskom + prepaid meters per unit • Septic / sewer connection to be verified • JoJo tanks and walled perimeter Investment Highlights • Immediate rental income: 7 units x R3,500 - R5,500 = R24,500 - R38,500 per month potential if fully let • Residential + business potential - area allows for nursery, funeral parlour, storage, workshops with consent ? • Development potential: Subdivision or re-development into townhouses subject to council approval • Low levies, rates approx R2,800 pm typical for similar stands ? Location Benefits • 10 Minutes’ drive to Midrand CBD and Mall of Africa ? • Near Brand Road, Swart Road, Modderfontein Road corridors ? • Mix of commercial and residential properties around, high demand for affordable rentals ? What You Must Verify Before Buying 1. Approved plans for all 7 houses - many AH plots have unapproved structures 2. Occupancy certificates and lease agreements if tenanted 3. Zoning and land use rights - is it legally allowed to have 7 dwellings? 4. Title deed restrictions and servitudes 5. Municipal accounts - rates estimated up to R10,892 pm for large vacant stands in area ? 6. Water / electricity compliance