Create a vibrant new township in Mogale City Ext 60, Nooitgedacht — 7.88 ha land assembly with commercial rights; existing nursery infrastructure to be demolished for proclamation.
Portion 93 is a 7.8 ha property being sold as vacant land for development purposes. The property has commercial rights and is currently operating as a wholesale nursery with buildings and infrastructure, however as this property is being sold for township development purposes the property is sold as vacant land where all current infrastructure will need to be demolished.
This property is one of four properties that make up Mogale city ext 60. The township is at approval stage and the developer will need to take the property to proclamation stage when providing the required bulk services. This land assembly includes Plot 94, plot 11 and plot 59 of Farm 534 Nooitgedacht and these properties are sold as a collective.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R10,328,500
Price increased by 14.5% to R11,824,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 28 listings in Krugersdorp (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 56% below the median. Land size is 360% larger than typical for similar land.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
28 similar listings
Medium similar land inventory town-wide (Krugersdorp)
Median time on market: 216 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Nooitgedacht offers a tranquil, semi-rural lifestyle characterized by spacious properties and scenic landscapes, making it an ideal retreat for those seeking peace while remaining within reach of Krugersdorp's urban conveniences.
* Distances and amenities are approximate.