INVESTORS AND DEVELOPER’S OPPORTUNITY IN RIVERSDALE, MEYERTON

Property Ref: 116257572

• Location: Prime Kliprivier riverfront property, boasting approximately 450 meters of river frontage PLUS The Riverstone Mall is right across the river, this is a Potential bonus!!
• Zoning: Zoned as Residential 01 (Res 01).
• Size: 16.3485 hectares, presented in a convenient square layout.
• Development Potential:
• Ideal for townhouse or residential projects.
• Density policy permits 20 single residential units (each 400 sqm) per hectare.
• Sectional title developments allow for 25 units per hectare.
• Specific unit densities can be confirmed with the Midvaal Local Municipality.

Infrastructure:

200 kVA transformer available on site.
300 amp, 3-phase power supply currently present.
Electricity provided by Midvaal Municipality.
Development-ready services: water, electricity, and sewerage (confirmed by the Planning & Housing Department).

Current Income:

12 hectares are leased with a monthly income of R25,000.00.
Lease requires a 90 calendar days (three months) notice period.
This income stream can continue as per the new owner's discretion.

Water Rights:

Rights to pump water from the Kliprivier, allowing irrigation of the entire property.
This unique property offers significant potential for investors and developers seeking a lucrative opportunity along the banks of the Kliprivier in Riversdale, Meyerton.

For more information or to arrange a viewing, please contact the listing agent.
Please note: All information provided is deemed reliable but is not guaranteed and should be independently verified. Prospective buyers are encouraged to conduct their own due diligence regarding zoning, municipal services, and income details. Availability and terms are subject to change without notice.

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