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Holiday Resort With River Frontage On Vaal River For Sale

Vaalriver, Gauteng, South Africa
Asking Price:
R4,900,000
Sales Revenue:
R10
Cash Flow:
R10

Zoned for a HOLIDAY RESORT - Vacant land fully rezoned with 100 m RIVER frontage on the Vaal river.
Near the Vaal Dam Wall, 2 km from Deneysville, which is a small town with all the facilities.
Approved for 48 units. Get 3 partners @ R1.63million each. Each partner can build 16 units. Can be your retirement fund if you build rental units. The land cost for each unit is R102,000.
Build boat houses, caravan park, residential units, hotel & conference center. Can be a retirement village or time share apartments on the river. Farming also a good option. Start small by building a few units now. Build the rest later.
ABSOLUTE BARGAIN
55 min drive and 56 km from Johannesburg

Property Information

Real Estate:

Real Property Included

Location:

2 km from Deneysville at the vaaldam wall. Area is called Vaalbank with RIVER frontage on the VAAL river

Planning Consent:

Holiday resort

Contact Simpson Properties

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