The land is zoned Agricultural. This will be a great opportunity for an investor as this land is situated on a prime location.
The land is next to the university and casino. As student accommodation is needed in the area this will accord a developer an opportunity of a lifetime.
The highest and best use of the subject property is considered to be a development site.
The stand, irregular in shape is not perimeter fenced and slopes slightly south west towards the Vaal River. Access to the property will be from Hendrik Van Eck Boulevard, the northern boundary. The property is covered with natural vegetation and grass veld. Mesh wire fencing with electrified strands is provided to the southern boundary of the property only.
A representative of the Local Authority indicated that Bulk services like water and electricity will be available for the property from existing townships in the area once Township Establishment has been approved depending on the capacity of the Local sewer system.
The subject property is located in the Greater Vanderbijlpark area, approximately 4.5km south east of the Vanderbijlpark CBD and 1.5km north of the Vaal River. The property is situated on the south eastern periphery of Vanderbijlpark, on the Southern side of Hendrik Van Eck Boulevard between the North West University’s Vaal campus and the Vanderbijlpark SE 4 residential area. The premises of the Emerald Safari Resort and Casino is situated south of and adjacent to the subject property.
Access to the subject property may be gained via either the R42, a main regional road through Vanderbijlpark or the R59 regional road between Vereeniging and Sasolburg. From the R42 turn south onto Andries Pretorius Boulevard and east onto Hendrik Van Eck Boulevard.
The immediate surrounding area of the subject property offers residential townships, Vaal campus of the North West University and the premises of the Emerald Resort. Due to this location the subject property offers future development potential and application for township establishment was already submitted to the Local Authority. A filling Station, small business centre and all the other necessary amenities are available in the close proximity.
Contact Zola Mtyeku
Tel: (0861) 847 426