Accepting offers until 28 november 2024

calling all investors and developers!!

Perfectly situated about 5Km outside Nelspruit just off the R40, you will find this 9,3Ha Development Land with approximately 250m of Dam Frontage and no Land Claims.

Some pictures indicate the layout of the land with yellow lines.

Close to the Hospital, University, Shopping Center, and many more amenities.

Potentially, this Land has been approved for 130 stands, 3 Storeys High (Res 1) and can ultimately be zoned as Res 3 with special conditions. Stand sizes consider to be approximately 500m2.

All prep work has been done for the Development of this land:
- ROD (Record of Decision)
- GEO Tech Investigation
- SANRAL Letter for the Access road
- EIA (Environmental Impact Assessment)
- etc.

The Property has municipal services on hand, although is presently reliant on water rights and a borehole.

Currently on the land:

- Borehole - Between 6000 - 15 000 L/H (Water Supply includes registered water rights from the dam of 9Ha)
- Eskom Power
- 3x Houses (each 4 bedrooms, 2 bathrooms, etc.) Currently being rented
- 5x Flats (1 bedroom, 1 bathroom) Currently being rented

Please note this sale is excluding VAT.

Please note: there will be viewing cost applicable, contact us for further information.

All potential buyers needs to be pre-qualified before viewing.

Secure your viewing today, contact us!! Read more...