Vacant Land Residential for sale
Embrace rural investment living on 18 hectares amid rolling agricultural countryside, with established gum-tree plantation offering timber income potential and easy road access for development options.
An exceptional opportunity to acquire approximately 18 hectares of agricultural land with an established gum tree plantation, offering the potential to invest in both land and a growing timber asset.
The aerial view showcases the impressive scale of the property, with an extensive plantation of established gum trees stretching across the land. Surrounded by a picturesque agricultural landscape and benefiting from established road access, this property offers exciting potential for forestry, timber production, agricultural use, long-term investment or alternative future uses, subject to the applicable zoning and approvals. Currently zoned as Agricultural. Beyond its value as a commercial timber investment, the property may also offer exciting long-term development potential. With the surrounding area predominantly residential, a purchaser could explore rezoning and subdividing the land for a residential development or the individual sale of serviced plots. Any rezoning, subdivision and development would be subject to municipal approval and the purchaser’s own due diligence.
TWO PURCHASE OPTIONS
R3 050 000 - Land including the existing gum trees (inclusive of VAT)
Purchase the property together with the established plantation and retain the trees as a potential future timber investment.
The seller currently estimates the gum trees to have a value of approximately R500,000 and anticipates that, with further maturity over the coming years, the timber could potentially reach a substantially higher value, with the seller estimating approximately R2 million in future.
These values are the seller’s estimates and are not guaranteed. Buyers interested in the commercial timber opportunity are encouraged to obtain an independent forestry/timber assessment to establish tree age, species, volumes, harvesting cycles, extraction costs and current or projected timber value.
R 2 440 000 – Land excluding the gum trees (inclusive of VAT)
For buyers interested primarily in the land, there is also an opportunity to purchase the 18-hectare property for R2 million excluding the existing gum plantation, with removal of the trees to be arranged with the seller.
WHY CONSIDER THIS PROPERTY?
For the right investor, the opportunity is particularly interesting because the plantation is already established. Rather than purchasing vacant land and starting a forestry operation from scratch, you are acquiring land with trees already progressing through their growth cycle.
Gum/eucalyptus timber can have a variety of commercial applications, including pulp and paper production, poles, wood products and other forestry uses, subject to species, timber quality and market requirements.
Alternatively, purchase the property without the timber and explore the potential of 18 hectares of land in an established agricultural environment.
Whether you are a forestry investor, agricultural buyer, timber producer, land investor or simply looking for a substantial property to hold for the future, this is an opportunity worth investigating.
Buy the land. Keep the trees. Let time add to the story.
Contact Harcourts Hilton today for additional information or to arrange a viewing.
Listed for sale at R3,050,000
Wide price range across Pietermaritzburg
Prices vary widely across Pietermaritzburg, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Pietermaritzburg.
Market depth
26 similar homes
29 listings across Pietermaritzburg
240 days
Median time on market
Medium inventory
Active across Pietermaritzburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ottos Bluff is a peaceful, scenic residential area offering spacious properties and a tranquil countryside lifestyle with convenient access to Pietermaritzburg's urban amenities.