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Web Reference: 300354056
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| R 5,600,000 ex VAT (FOR SALE) | |||||||||
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This 161 hectare farm ground lies in the Golden Mile of Nylstroom or can also be called the Houston of Nylstroom farm area.The farm is naturally divided into 3 areas by two cliffs, running over the width of the ground. Virgin territory of bushveld and hills, some ending in cliffs, roaming wild animals, provides one of the most peaceful, tranquil areas.
It has a variety of possibilities, but the most lucrative option is the fact that it is already approve for development. Rights were already obtained for the development of 96 retirement units, average between 90 to 100 sq. per unit. The reality that the only other retirement village close to Nylstroomhas a back log of 800 applicants emphasizes the value of this property. The beautiful farm house lies in the 1st cliff surrounded by dense bush and various walking trails. The 2nd area hosts the development ground, a total of 30 hectare. A total of 18 hectare is now approved for development. This area is perfect for development, as it is sandy ground with a slight slope from the top, providing the possibility of gravity feeding for services. Surrounded by hills, this future retirement development with its bush veld atmosphere, will be more than a home to elderly people, it will be balm for the soul. In the entrance the owner created two small dams which enhance the peaceful atmosphere. Most of the bushes can be kept and one of the regulations is that no fences are allowed. This will ensure that the roaming wildlife can migrate from neighbour farms to the two natural dams at the entrance. In the 3rd area the owner started the process to create a 4x4 and a quad bike track. Due to the cliffs separating these areas, it creates individual areas, isolated from the rest. Another 5 exclusive units can be built here. At the bottom lies another area, currently utilized as a caravan park. It has facilities for 8 caravans/camping sites for a total of 48 people. At the bottom the border is naturally formed by a beautiful dam built in 1948. The owner are open for any suggestions, from co-owner to as and when payments. RE/MAX has already completed a marketing plan, which will ensure that the 96 retirement units will sell at a very quick rate. |
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