Under Offer
R 85 000 000
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405.7 ha Land available in Summerset

405.7 ha

405 HECTARES WITH AUTHORISATIONS & EIAS FOR A 197 ERF TOWNSHIP DEVELOPMENT & 49 PLOTS OF 4.2 HECTARES EACH

***** THE PRICE IS EXCLUSIVE OF VAT

This is a rare opportunity for developers that does not often appear on the market and is an ideal venture for the discerning investor.

405 Hectare township development on an expansive fertile property adjacent to a large dam with scenic views of the surrounding valley and beyond.

197 erf township development with all authorisations and EIAs in place plus a further 49 plots of 4.2 hectares each. The mere sale of the 49 plots can recover the total capital outlay.

MAIN FEATURES:

197 Erven township

All authorisations and the EIA in place

Further 49 plots of 4.2 hectares each

EIA and all other authorisations obtained

Large modern fenced homestead on farm

Three cottages that are currently let

Large shed for farm equipment

Whole farm enclosed by game fencing and electric entrance gate

Ideal property for grazing cattle, other livestock or game

On the banks of a large dam that does not drop its level throughout the year (water rights from the dam belong to a neighbouring farm)

Four boreholes that deliver approximately 8 000 lph

No dolomite

IN CLOSE PROXIMITY TO:

Main arterial routes and highways

Shopping malls

Hospitals and medical centres

Schools

All other required amenities

Kindly contact agent for an appointment.

Property details

  • Listing number T5000309
  • Property type Residential Land
  • Listing date 13 Mar 2025
  • Land size 405.7 ha
  • Rates and taxes R 1 700

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