In the heart of Meyerton in a town called Riversdale.
There is some large developments in progress.
A shopping centre and 8 hectares of land has been subdivided into 50 stands and being sold of and built on.
In the middle of this is a farm of 16.348 hectares of level land waiting to be developed.
Approximately 450 meters of this is river front on the banks of the Klipriver.
The land has been registered as Residential 1 and in the shape of a square.
Please see a detailed plan of a proposed development drawn up in conjunction with the town planner in the photos.
More than 150 stands can be subdivided and built on.
The neighbour has subdivided his 8 hectares into 50 stands and selling them of at R250 000.00 each.
Total income of R12 500 000.00.
Power supply to the land
is supplied through Midvaal Municipality and consists of.
A 200 kva transformer, 300 amp x 3 phase supply. Water , electricity and sewerage for the development is available as per the Development Planning & Housing Department.
Water rights in place to use water from the Klipriver.
Recover some of your investment immediately from 12 hectares that is currently being leased out to a farmer at R25 000.00 per month.
Three months notice (90) days is applicable.
There is a large farm house with granny flat and three garages, lock up shed, open roofed work area and workers accommodation or lock up storage outbuildings.
All correspondence , authorisation and stipulation by the council can be viewed by any serious buyer.
This is really a once in a life time opportunity.
Do not hesitate call now for an EXCLUSIVE viewing.
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