2233 ha Land available in Lephalale (Ellisras)

R 200 000 000

Herman van Niekerk

Master Properties-Head Office Naboomspruit/Mookgo

2233 ha Land available in Lephalale (Ellisras)

R 200 000 000

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Land Area 2233 ha

Potentially billions of rand profit await the property investor and developer in South Africas latest growth area.It is general knowledge that the development of the immense coal fields and coal reserves in the western part of Limpopo in the vicinity of Ellisras (Lephalale) and Steenbokpan, is presently a national and provincial growth priority.

The economic driver for this area is its virtually unlimited coal reserves, and the area is earmarked to become one of South Africas major power generating and industrial areas. Government is, therefore, investing billions in upgrading and creating infrastructure in the area, including the supply of water.

A limiting factor for the area in the past was scarcity of proclaimed land to develop to absorb the expected influx of large numbers of skilled and other workers for the mines and power stations, and supporting industries and businesses.

Fortunately one track of land right in the heart of the development area has now been approved and proclaimed, with full rights - presently the only, and possibly one of the last sites for residential and commercial development available in the area.

A summary of the relevant figures of the property under discussion are listed below:

Purchase price of 2233 ha land with all rights included: R178 000 000

Expected price to install infrastructure: R374 000 000

Expected income from sale of 12451 residential and business stands: R3,1 billion

Expected profit: R2,6 billion

Phase one of the development has been finally approved and construction can virtually start immediately.

Do not delay - contact Herman van Niekerk today for more information.

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2233 ha Land available in Lephalale (Ellisras)

R 200 000 000

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