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MIDVAAL DEVELOPMENT PROPERTY

MIDVAAL FOR SALE ON AUCTION

DESCRIPTION:

Must Sell Immigration Sale!! - 2X Riverside Plots - On Auction - 22 November 2023

The subject property consists of two adjacent rectangular-shaped vacant land portions. Ideally, the property provides ±200m of Vaal River frontage (±100m each) well suited for a wide variety of potential uses, namely resort development, standalone homes, guesthouse, conference centre, hotel, restaurant, caravan park, camp site, retirement village, fishing venue and the like. The typography is characterised by a gentle slope from the eastern edge of the property down to the river bank where this area is densely populated with bushes, trees of varying sizes and natural grasses. The property is encumbered by a 14.75m wide road servitude and a pipeline servitude 47.6m wide

Coordinates: -26.867572, 28.127775

Stand out features:
1) Immigration Sale - MUST SELL!
2) Stands will be auctioned separately and together (3 options)
3) Opening bid: ±R900 000
4) ±100m of Vaal River frontage each
5) Plot 33 extent: 8.7214 ha
6) Plot 34 extent: 8.9883 ha
7) Zoning: “Recreational”
8) Can build up to 48 units per stand
9) Situated directly on the R549 with close proximity to the Vaal Dam

The properties are situated in a well-established agricultural region, featuring small farms and holiday developments along the Vaal River within the Midvaal Local Municipality. It primarily caters to retirement, weekend, and holiday markets. The properties are located just below the Vaal Dam sluices and can be reached via a gravel-topped road connected to the R549 Provincial Road. This arterial road can be accessed from various nearby locations such as Vereeniging, Oranjeville, Three Rivers, and Villiers. It is approximately 4km from Deneysville. The properties enjoy convenient access to important business areas and cities like Heidelberg, Vereeniging, Vanderbijl Park, Sasolburg, Meyerton, Alberton, and Johannesburg due to its strategic location near major routes.

Serious seller - Don't miss out!

QUANTITY: 2

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