New Listing

4 Bedroom vacant land for sale in Matatiele

R15,000,000
  1. 4
  2. 2
  3. 3
  4. Web Ref: 1288001
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Property Features

ERF Size 24,103 m²

Interior Features

4 Bedrooms
1 TV Room
1 Lounge
4 Flatlets
Kitchen
2 Bathrooms
1 Dining Room
3 Store Rooms
Security
1 Fireplace

Exterior Features

3 Garages
Patio
3 Parking Spaces
Views

Prime Residential Development Opportunity

We present a rare and exceptional opportunity to acquire a 24,000 sqm of prime residential land, perfectly positioned for development in Matatiele. This substantial parcel of land offers a unique chance to create a thriving residential community, capitalising on the area's growing demand for quality housing.
A development opportunity to excite the town of Matatiele with new residential living. Where farm living meets modern convenience in a secure residential estate.

Key Features:
1. Prime location; situated in a highly sought after area, with easy access to major roads/ public transport amenities/ schools/ shopping centers.
2. Residential zoning: The land is zoned residential se, allowing for a range of development options, including single family homes, townhouses and apartments.
3. Level Topography: The land is relatively flat, making it ideal for development.
4. Services Available: Connections to water and electricity as well as sewage are available, streamlining the development process.
5.Scenic Views: The property boasts views of the surrounding landscape / natural features, providing a unique selling point for potential buyers.

Development potential:
1. Medium density housing- townhouses and apartments to cater for the growing demand for affordable housing
2. Single family homes: Create a community of single family homes, offering a range of floor plans and designs to suit different buyer preferences.
3. Mixed Use Development: Combine residential and commercial spaces to create a vibrant, integrated community.

Investment Highlights:

1. Growing Demand : Matatiele is experiencing rapid growth, driven by various clients migrating to the twn for work opportunities.
2. Limited Supply: The availability of developable land in the area is scarce, making this opportunity even more valuable.
3. Potential for Capital Growth: The property's value is likely to appreciate over time, providing a solid investment foundation.

Development Metrics:

1. Land area : 24, 000 sm
2. Zoning : Residential
3. Density Medium -density housing ( up to 30 dwellings per hectare)
4. Services : Connections to water, electricity and sewage available.

Don't miss this exceptional opportunity to develop a thriving residential community in Matatiele. Contact us today to discuss this exciting prospect further.

Location

Contact the agent

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Unity Godden
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

222 Main Road, Rondebosch

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*based on purchase price at Prime over 20 years

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