R3,700,000
Monthly Bond Repayment R37,563.47
Calculated over 20 years at 10.75% with no deposit.
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Vacant Stand in Meyerton South
An exceptional development opportunity awaits with this 16,325 m² stand, ideally zoned “Residential 2” and approved for 40 sectional title units. Perfectly positioned and fully serviced, this ready-to-build site offers investors and developers a seamless start with bulk contributions already paid. All essential municipal services – including water, sewerage, and electricity – are immediately available through Midvaal Local Municipality. A dolomite stability test has also been completed, ensuring structural safety and compliance from the outset.
Strategically located in a rapidly growing area, this property presents significant potential for residential development with minimal delays. Whether you’re an experienced developer or an investor looking to expand your portfolio, the groundwork has been professionally handled. Please note: when applying for a bond, banks typically require a 40% deposit for vacant land purchases, making this an ideal opportunity for cash buyers or well-prepared investors. Don’t miss out on this rare chance to secure a prime development site that’s truly shovel-ready and primed for profitable residential construction.
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.