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Property At The Vaal Dam For Sale

Vaal Triangle, Gauteng, South Africa
Asking Price:
R1.5M - R3M
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

There are two well-located properties from a deceased estate and the executors and executors are asking R2,900,000.00 for both properties. The properties border the Vaal Marina Resort with the R54 one of its boundaries. The total size of both properties are 7.05 hectares and are approximately 30 kms from Vereeniging and 70 kms from Villiers. The properties can be bought individually or as one and the executors are negotiable i.e. they will consider all reasonable offers.
Property 1 is available at R820,000 and measures 3.8 hectares in size and It has a structure on it which has 6 rooms of which two rooms have their own shower and toilet while the other four rooms share ablution facilities. This structure was used mainly by fishermen as overnight accommodation. Currently as there is quite a bit of development happening in the area, these rooms are rented out to construction workers on a month to month based.
Property 2 is available at R2,080,000 and measures 3.25 hectares in size. This property has the main house with 6 flatlets, indoor swimming pool, a second three bedroom house. There is another structure consisting of a store and 22 bedrooms with 7 showers, 9 basins and toilets.
The structures on this property are structurally sound but some TLC will be required to bring the dwelling back to its former glory.

Property Information

Real Estate:

Real Property Included

Location:

Approximately 30 kms from Vereeniging and 70 kms from Villiers.

Business Operation

Reasons for selling:

Deceased Estate

Employees:
0

Other Information

Related Documents:
Business closed / Asset sale:
Yes

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