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R4,900,000

Rare River Frontage Vacant Land

Vacant Land / Plot (8 ha) on the banks of the Vaal River, for Sale in Midvaal,
@ Vaalbank under Midvaal Municipality, -/+4km Deneysville
Zoned for a HOLIDAY RESORT - Vacant land fully rezoned with 100m RIVER frontage on the Vaal River.
Near the Vaal Dam Wall, +/-4 km from Deneysville, which is a small town with all the facilities.
Approved for 48 units.
Build boat houses, caravan park, residential units, chalets, Restaurant, hotel & conference centre. Can also be a retirement village or time share apartments on the river frontage. Farming also a good option. Start small by building a few units now. Build the rest later etc, the chose is yours.
Option: to buy 2 x vacant lands next to each other (each with 8 ha, both approved for 48 units each) to give you 200m river frontage, 16 ha land and 96 units @ R9.8m for both vacant lands. The choice is yours. VERY RARE HIGH-DENSITY ZONING WITH 96 UNITS, BUSINESS OPPORTUNITY FOR DEVELOPERS
ABSOLUTE BARGAIN!!!
Approx. 55 min drive and 56 km from Johannesburg. Midvaal Local Municipality is an administrative area within the Sedibeng District Municipality of Gauteng in South Africa. The municipality's name references its geographical location halfway between the Johannesburg and East Rand areas and the Vaal and Vereeniging areas
Best Performing Municipality
- Midvaal Local Municipality (MLM) is rated the most Financially sustainable Municipality in the country by Ratings Afrika in its latest annual report for the Municipal Financial Sustainability Index 2021 (MFSI) for the financial results of the 100 largest local municipalities, plus the 8 metros in South Africa. Moreover, it received the Clean Audit For Eight Consecutive Years, since 2014/2013 until now.
- Midvaal was ranked the Best Performing Municipality in terms of Service Delivery Satisfaction in the 2018 GCRO survey.
- Midvaal Local Municipality was ranked as the top performing municipality in Gauteng in the 2018 Annual Municipal Financial Sustainability Index compiled by Ratings Afrika.
- Midvaal received three awards from PMR. Africa for the following categories in 2017: most proactive mayor; municipalities doing the most for job creation, social upliftment and to fight crime; municipalities doing the most to attract foreign investment, to attract local investment, to clean the environment and for infrastructure development. Furthermore, Midvaal Local Municipality received an award for Good Governance from SALGA in November 2017.
- Midvaal Local Municipality was ranked as the top performing municipality in Gauteng in the 2015 Annual Municipal Financial Sustainability Index compiled by Ratings Afrika.
- Midvaal Local Municipality was ranked as the top performing municipality in Gauteng in the 2014 Annual Municipal Financial Sustainability Index compiled by Ratings Afrika.

 
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Transfer Fees
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Transfer Duty
Postage and Petties:
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Pro-Rata Rates/Levies
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Vat @ 15%
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Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

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Fees
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Postage and Petties
Bank Electronic Connection Fee
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Vat 15%
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