| 14.5 Ha Consisting of Six Prime Residential 2 Zoned Stands (Open to offers) |
Prime Location in Limpopo's Mining Hub
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.
Infrastructure Development: Both towns are experiencing infrastructural growth, enhancing the appeal of residential projects.
Scalability: The substantial land size allows for phased development, aligning with market demand and investment strategies.
Seize This Opportunity
This property is a developer's dream, combining prime location, high demand, and versatile development possibilities. Whether aiming to build a rental portfolio or undertake a large-scale residential project, this offering stands as a gateway to significant returns in one of Limpopo's most dynamic regions.
ERF Size 142,713 m²
Rates R1,800 per month
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Rhynhardt Erasmus
c. 0823212887
r.erasmus@rawson.co.za
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