PRIME RESIDENTIAL DEVELOPMENT LAND
Exceptional 33 Ha prime residential development land for sale in Brits Central.
Well situated, within 200 meters from a Shopping Centre, 500 meters from Brits CBD and in close proximity to schools and colleges such as the Orbit TVET College, as well as medical facilities.
This development land offers the best of both worlds: located in town, bordering on existing, sought-after townhouse complexes, and in a beautiful natural environment, with the scenic Crocodile River on the northern boundary.
A Township development has been approved by the local municipality all relevant township development documents and ROD are available for inspection.
Approval to build 700 residential units on the property is in place but coverage could be increased to a total of more than 2000 units. The municipality allocated two extension numbers to the township: one for an 8.5ha section and another for the remaining 23.5ha section.
Available water on the property is sourced from a farm dam, filled from a canal, with water rights - as allocated in terms of the Hartbeespoort Irrigation Board municipal bulk water supply, a borehole, and directly from the Crocodile River.
This property presents an excellent opportunity for the development of a large residential security estate comprising smaller affordable sectional title units, with prices starting from around R500 000, and full title homes across a range of sizes and prices.
There is also a huge demand for retirement villages around Brits (complete with medical and frail care). This would be an ideal opportunity to combine a retirement village with a residential development.
Contact me for more information and an appointment to view.
