MLS#: 1630911

$5,299,851 USD

ZAR99,000,000

Minimum sellable space
36m²
The details

Property features

Date Updated: Dec 24, 2024

Key features

Pets Allowed

Area

Property size
3,600,000m²
Land/Lot size
36m²

Description

Much needed one of a kind Residential Development in Meyerton, Midvaal Council. Ready for development!
36 ha of prime land at prime location with about 1 km river front, with spectacular natural environment. Size consists of 3 plots next to each other of average of 11.5HA each.
Township establishment in respect of 3 plots, (total size 32ha) approved. Residential development for 640 single sectional title units on 32ha of land. All approvals done and in place. Including Gautrans Road access, soil tests, water, sewer, and Electrical supply. Some service contributions still to be paid.

The above Includes special zoned and development for medical facilities (Hospital, clinic and or frail care facilities) Much needed in the area.
The location has easy access from R59 highway, within 3km from major shopping Centre's, 7km from nearest Golf Course and less than 60 min from O.R Tambo Airport.
The land includes several residential buildings that can be included in future planning, and or to be used as is, or for other facilities during development.
Current approved planning can generate gross sales of R1billion. Secured Lifestyle Estate for 50 years and older, with frail care facilities.
Many opportunities for expansion and variation of relevant residential developments to cater for all needs in the area.

Neels Potgieter, registered with the PPRA as a Principal Property Practitioner, under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, registered with the PPRA as a Business Practitioner, who does not operate a trust account.

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Location

Meyerton, Gauteng , South Africa
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