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200 m VAAL River Frontage Development PARTNERS WANTED For Sale

Vaal Marina, Gauteng, South Africa
Asking Price:
R3,500,000
Turnover:
R1
Net Profit:
R1

VAAL RIVER WATERFRONT DEVELOPMENT OPPORTUNITY

17.7 HECTARES | 2 ADJOINING STANDS | JV / DEVELOPMENT PARTNERS WANTED

Unique Vaal River waterfront development opportunity, approximately 89 km from Johannesburg.

2 adjoining stands: ±9 ha & ±8.8 ha
±200 m direct Vaal River frontage
R3.5 million per stand – available separately or together
48 units approved per stand / 96 units combined
Development approvals in place
Suitable for Lifestyle Estate, Retirement Village, Holiday Resort, Hotel, Conference Facility, Caravan Park, Boat Houses or Guest Accommodation
JOINT VENTURE OPPORTUNITY

The seller is open to all proposals and particularly interested in a joint venture / development partnership on one or both stands.

Possible structures include:

Joint Venture / Development Partnership
Land-for-Equity
Outright Purchase
Other mutually beneficial proposals

Ideal opportunity for an experienced developer or investor looking for a substantial, approved Vaal River waterfront development.

Plans, approvals and supporting documentation available to serious interested parties.

VIDEO: https://youtu.be/J791sqtWfVU

Property Information

Real Estate:

Real Property Included

Location:

Vaal River Deneysville/Vaalbank/Vaal Marina

Premises Details:

200 m VAAL river frontage development land

Size in square feet:
17 hectares
Planning Consent:

ZONED & approved holiday resort - Mixed use development including - free-standing homes, retirement village, boat houses, caravan park, guest house, Hotel & conference centre

Business Operation

Reasons for selling:

PARTNERS WANTED - JOINT VENTURE

Other Information

Website:
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Listed by

Simpson Properties