Type

Term

Price range

Beds

R 1 380 000 | 5 Bedroom House for Sale in Orkney

Orkney, Orkney

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Erf Size: 4 570 m²

Prime Investment Opportunity Near the Vaal River in Orkney

Situated just 300 meters from the Vaal River and safely positioned above the high-water mark, this exceptional property offers a rare opportunity for investors or developers seeking a high-potential project. Fully fenced and equipped with essential infrastructure, this property is primed for development.

The existing dwellings include a spacious three-bedroom unit and a separate two-bedroom unit, both featuring individual electrical and water meters, large front carports, and garages for added convenience. A sizable temporary open storage area provides additional utility space.

Included in the sale are approved original plans for a large-scale residential development, featuring nine two-bedroom units with attached garages and five three-bedroom units with separate garages. Each unit is designed with an open-plan living area and double bathrooms, while the three-bedroom units offer an additional lapa above the garage for enhanced outdoor living. The property also includes a designated ablution block and a swimming pool, making it ideal for a secure residential community or rental investment.

With three-phase electricity connections already in place, a fully approved two-side sewer line with four existing connections, and a prime location near the Vaal River, this property presents endless possibilities for expansion and long-term returns.

Don't miss out on this outstanding investment opportunity. Contact us today for more information or to arrange a viewing.