Vacant Land / Plot in Waterkloof AH For Sale

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Description

Exceptional Development Opportunity on the R24 . . .

VAT payable on the purchase price !

An outstanding opportunity to acquire prime development land ideally located on the R24 Johannesburg Road, offering excellent accessibility and strong future growth potential.

Property Overview:

Total land size: 15.7 hectares.

Zoning: Approved township establishment.

Approved Development:

3.75 Hectares approved for 10 low-density, luxury full-title residential stands.

Additional 7.6 hectares of undeveloped land included in the sale, with potential for subdivision into further low-density residential plots.

This entire development phase is being sold as a single opportunity, making it ideal for a developer seeking a well-positioned, partially approved project.

Development Status

The next step will involve the purchaser’s engineers by:

Calculating bulk service contributions and required infrastructure upgrades.

Finalizing service agreements with Rustenburg City Council.

Proceeding with proclamation of the individual stands.

Expansion Potential

This phase may be combined with an adjacent approved development, which includes:

22 × Res 2 units.

25 × Res 1 full-title stands.

Together, these phases can be developed into an exclusive, walled residential estate with a private entrance, enhancing both market appeal and long-term value.

MASTER PROJECT AND CONSTRUCTION (PTY) LTD trading as REMAX Platinum (Rustenburg) operates in terms of a franchise agreement with REMAX of Southern Africa.

Lee Fourie
Lee Fourie
REMAX Platinum (Rustenburg)
Candidate Property Practitioner
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MASTER PROJECT AND CONSTRUCTION (PTY) LTD trading as REMAX Platinum (Rustenburg) operates in terms of a franchise agreement with REMAX of Southern Africa.