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Vacant Land for sale in Steelpoort

R20,900,000
  1. Web Ref: 1292800
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Property Features

ERF Size 93,589 m²
Rates R1,800 per month

Prime 9.4Ha Development Land for Sale (Open for Offers)

Exceptional Development Opportunity Between Burgersfort and Steelpoort

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 four Residential 2 zoned stands, collectively spanning 5.7 hectares. The zoning permits the construction of up to 40 units per hectare, presenting a remarkable opportunity to develop approximately 220 residential units. A zoned fuel station of 1.3ha and a business 1 zoned stand of 1HA. Zoning is complete, stands needs to be serviced.


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: 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.

For more information or to schedule a site visit, please contact us at your earliest convenience.

Virtual Tour

Contact the agent

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Rhynhardt Erasmus
Candidate 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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