2 Bedroom smallholding for sale in Riversdale, Meyerton
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Web Ref: 1304830
Property Features
Interior Features
Exterior Features
Farm for sale
This 16.348-hectare farm presents an exceptional development opportunity, situated on flat, square-shaped land with approximately 450 meters of river frontage along the Klipriver. The neighboring 8-hectare property has already set a strong precedent, having been subdivided into 50 stands and achieving R250,000 per stand, totaling R12.5 million in returns. Utility infrastructure is in place, with power supplied through Midvaal Municipality, including a 200 kVA transformer and 300 amp 3-phase supply. Water, electricity, and sewerage services are confirmed available through the Development Planning & Housing Department. The property also holds water rights from the Klipriver, adding further value and flexibility. As an added bonus, 12 hectares are currently leased to a farmer at R25,000 per month, offering an immediate rental income stream of R300,000 per year—a fantastic way to begin recouping your investment while development progresses.
Contact the agent
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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