# Vacant Land for sale in Steelpoort

- **Price:** R17,710,000
- **Location:** Steelpoort
- **Web Ref:** 1340168

## Details

- ERF Size 142,000 m²
- Rates R1,800 per month

## Description

Prime Location in Limpopo's Mining Hub

EXTENTION OF STEELPOORT
SOLD AS BUNDLE
6 STANDS - RESIDENTIAL 2 - 14.27 HECTARE
44 UNITS PER HECTARE = 616 UNITS / APARTMENTS

Nestled strategically between Burgersfort and Steelpoort, this property offers unparalleled access to Limpopo's thriving mining sector. Both towns are renowned for their robust mining activities, making them pivotal to the region's economy. 
Surging Demand for Rental Properties

The influx of professionals and workers associated with the mining industry has led to an unprecedented demand for rental accommodations in both Burgersfort and Steelpoort. Properties in these areas are highly sought after, often being leased within days of listing. 

Expansive Development Potential

This offering comprises six Residential 2 zoned stands, collectively spanning 14.27 hectares. The zoning permits the construction of up to 40 units per hectare, presenting a remarkable opportunity to develop approximately 570 residential units. Stands needs to be services. 

Flexible Investment Options

Developers have the flexibility to:

Construct and Lease: Capitalize on the high rental demand by building units for long-term rental income.

Develop and Sell: Build residential units and sell them individually, ensuring a swift return on investment.

Parcel and Divest: Subdivide and sell portions of the land to other investors or developers, optimizing financial returns.

Why Invest Here?

Booming Economic Activity: The proximity to major mining operations ensures a steady influx of potential tenants and buyers.

## Agent

- Rhynhardt Erasmus — 0823212887 — r.erasmus@rawson.co.za

## Office

- Rawson Remote — 021 204 8555

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[View this property on rawson.co.za](https://rawson.co.za/commercial-property/for-sale/rawson-remote/1340168)