Riversdale
R10,699,000 Web Ref 1304830
PROPERTY FEATURES
2 Bedrooms | 1 Bathroom | 1 Dining Room | 1 Lounge | House Levels | 1 Garage | Garden
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.

ERF Size 16 m²
Rates R5,000
Magda Van Vreden magda.vanvreden@rawson.co.za
Magda Van Vreden
c. 0835758872