67 ha Land available in Vereeniging

R 40 000 000

Andre Stephan

Century 21-East Rand [Benoni-Boksburg]

Savas Nicolaides

Century 21-East Rand [Benoni-Boksburg]

67 ha Land available in Vereeniging

R 40 000 000

9 portion p, koppiesfontein, 9 ring road
Floor Area 670000 m²
Land Area 67 ha

LOOKING FOR INVESTORS-VAAL DAM.

The Vaal Dam is situated on the Southernmost Point of the Gauteng Province.

The Dam is approx. 60km from Joburg, 80km from Soweto, 90km from OR Tambo International Airport and 30km from Vereeniging.

Market Research has shown that there is a world-wide trend, copied here in South Africa, towards leisure, and within that trend, there is a trend towards water. Thus, water has become increasingly a valuable resource, especially when positioned so close to an area of major economic strength such as Gauteng Central.

So as a Tourism and Leisure destination which is in close proximity to the economic core of the Province having:-

Lots of good quality water.

Ample space for active and passive water sports.

Good regional accessibility due to good road infrastructure.

Good proximity being within the 1 hour 20 minutes drive time for weekend getaways. Ample waterfront access.

Large properties which facilitate large scale development and well perceived property values, which will escalate as development increases.

The Vaal Dam is a dormant tourism and economic opportunity, quietly awaiting its moment of glory. It is deemed that its moment has arrived and that we will provide the necessary impetus in the area, to trigger further development.

The site is suited for higher intensity use due to its location in a rapidly expanding area.

Addressing the trends, needs and demands for the Vaal Dam are kicking off as is clear on weekends and holidays, when the Vaal Dam area overflows with activities ranging from Fishing, Boating, Yachting, Water-skiing, Jet-skiing and Wake Boarding.

The Vaal Dam is the only viable opportunity where water related recreation/tourism development of this scale can take place in Gauteng. Where a meaningful destination can be created that will attract Local and Foreign Investment.

It is envisaged that the development will be compatible with the surrounding environment in terms of current pressures in the area and that proposed use of the site will ensure that the site is used to a higher potential.

Area 9

This Portion of land at the Vaal is partly developed and is approx. 67ha.Large.

The Midvaal Municipality has named it THE VIKING BAY RESORT

ZONED: Special. Public Resort.

The development is earmarked for the following:-

750 6 Bed Chalets

Hotel consisting of 150 Double Rooms.

Restaurant

Conference Centre

Curio Shop

Boat Showroom

Clubhouse with child care centre

Workshop and filling station

General Dealer - Cafe

There is a rumour for having a Private Casino, and that this Resort will become an International Tourist Haven and the Playground of the entire Gauteng Province.

PRICE: R40, 000,000 incl. Neg.

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Andre Stephan

Andre

Stephan

Savas Nicolaides

Savas

Nicolaides

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Du Plessis Van Loggenberg Attorneys

67 ha Land available in Vereeniging

R 40 000 000

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