Vacant land for development of 120 units

R19,000,000
Property Details

This expansive stand, located in the sought-after area of Rietvalleirand, spans over 20,000 m2 and has recently been rezoned with full municipal approval for the development of 120 residential units, each ranging between approximately 130 m2 and 170 m2 in size. The approved height restriction permits a maximum of two storeys.

Currently, the property includes an existing house and studio, both of which would need to be demolished to accommodate the full development potential. However, a phased development approach is possible—allowing for initial construction on one portion of the land while retaining the existing structures, which can be removed at a later stage to facilitate the second phase.

Borehole on the property delivering 8000l/hour.

Property Features
Property Type
Vacant Land Residential
Land Size
20,235m²
Costs and Terms
Rates & Taxes
±R3,660
Location
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