36 ha residential development in Meyerton, approved for 640 units, includes medical facilities and easy highway access.
Much needed one of a kind Residential Development in Meyerton, Midvaal Council. Ready for development!
36 ha of prime land at prime location with about 1 km river front, with spectacular natural environment. Size consists of 3 plots next to each other of average of 11.5HA each.
Township establishment in respect of 3 plots, (total size 32ha) approved. Residential development for 640 single sectional title units on 32ha of land. All approvals done and in place. Including Gautrans Road access, soil tests, water, sewer, and Electrical supply. Some service contributions still to be paid.
The above Includes special zoned and development for medical facilities (Hospital, clinic and or frail care facilities) Much needed in the area.
The location has easy access from R59 highway, within 3km from major shopping Centre's, 7km from nearest Golf Course and less than 60 min from O.R Tambo Airport.
The land includes several residential buildings that can be included in future planning, and or to be used as is, or for other facilities during development.
Current approved planning can generate gross sales of R1billion. Secured Lifestyle Estate for 50 years and older, with frail care facilities.
Many opportunities for expansion and variation of relevant residential developments to cater for all needs in the area.
Neels Potgieter, registered with the PPRA as a Principal Property Practitioner, under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, registered with the PPRA as a Business Practitioner, who does not operate a trust account.
Listed for sale at R99,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 138 listings in Meyerton (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 45% above the median. Land size is 14034% 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
Affordability
R 971,827 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
138 similar listings
High similar land inventory town-wide (Meyerton)
Median time on market: 235 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
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