Residential Property Development Opportunity On 37,034 Square Meter Land Area
9.16 Ac lot
Updated: June 3
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About the Property
Residential Property Development Opportunity on 37,034 square meter Land Area A. Size of Land Area: • Large 37,034 square meter Land Area comprising of 4 stands adjacent to one another. B. Existing Houses on Land Area: • House 1 = Original farmhouse, currently rented out and generating a rental income. • House 2 = Show House built to showcase how a newly built houses will look
Residential Property Development Opportunity on 37,034 square meter Land Area A. Size of Land Area: • Large 37,034 square meter Land Area comprising of 4 stands adjacent to one another. B. Existing Houses on Land Area: • House 1 = Original farmhouse, currently rented out and generating a rental income. • House 2 = Show House built to showcase how a newly built houses will look once the development commences. Currently rented out and generating a rental income. C. Stands Sub-Division Potential and Sizes: • The Land Area has the potential to be sub-divided into 65 stands. • The sizes of the individual stands can range between 403 to 480 square meters. D. Building Plans and Site Development Plans: • Buildings Plans and Site Development Plan are available. E. Location: • The Land Area is located in a residential suburb of Ventersdorp and within walking distance from the CBD (Central Business District), taxi rank, shops, offices, and businesses. • The Land Area is easily accessible from several main and other roads in Ventersdorp. F. Ventersdorp - Rapid Population Growth and Housing Shortage: • Ventersdorp is a dynamically expanding town with a rapidly growing population. • Ventersdorp has a shortage of residential stands and houses to accommodate the ever-increasing need for housing. • What and excellent opportunity to tap into a market that is in desperate need of a Developer to address the shortage of housing and accommodation. Contact #teamvangass Properties today to discuss this opportunity.