Suburban Development Land Meyerton, South Africa
Now is the time to take advantage of solid financial investments in South Africa. This investment property consists of 105 acres zoned agricultural land, that is positioned
700m from an existing residential suburb. Three phase electricity and bulk water supply is available on the property. Sewerage
may be connected to the existing residential suburb, or chemical aeration tanks may be used. Approval for subdivision into 36 - 2.9 acre lots has already been obtained and may be renewed. To follow the process
of township establishment, it would be possible to subdivide up to +/- 300 - 1000m2 lots with up to two dwellings per lot
allowed. This property also includes a three year old, newly built home
measuring 210m2. It is a face brick and mortar construction home, with three large bedrooms, two bathrooms, a large kitchen
leading onto an open plan tv room, a lounge and a double garage. The house is surrounded by a wall. The enclosed property
measures about 1000 square metres. Johannesburg has an international airport
and is acknowledged as Africa's financial hub. Meyerton is just a 30 minute drive by expressway to the South. Many people
are moving out of Johannesburg, leaving the rat race behind, preferring the relaxed atmosphere of the countryside. New industries
along the highway are creating work for 2000+ employees and there is an existing shortage of accommodation. An excellent opportunity
for investment in an area where the economic future is solid. $1,728,000
(USD)
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