32 Ha prime residential development land for sale in Brits!
This property on the Northern part of town is very well situated: on the one end it borders well-known and sought-after townhouse complexes. From there, it runs down right up to the Crocodile River – thus this piece of land has the best of two worlds – it is right in town, but also has beautiful natural surroundings. It is situated within 200 metres from a shopping centre, about 500 metres from Brits CBD and close to various schools, the Orbit Fet College, as well as medical facilities.
Township development had been done and was approved by the local municipality – all relevant township development documents and ROD, is available for inspection. A total of more than 700 residential units can be built on the property – this can be densified to a total of more than 2000, if needed. The municipality had allocated two extension numbers to the property: one for an 8.5ha and another for the remaining 23.5ha section. There are already bulk services running through the property, as a result of neighbouring developed properties. Water already on the property consists of a farm dam, water rights allocated in terms of the Hartbeespoort Irrigation Board, the Crocodile River, as well as the said bulk municipal water supply.
This property is an excellent opportunity for a large housing development – developers might investigate a combination of high quality, smaller affordable housing (bachelor’s up to two bedroom units; prices starting around R400 000) and larger homes catering for the middle class. There is also a huge demand for a retirement village (complete with medical-, frail- and other care facilities) in the Brits area – this property is ideal for a combination of a retirement village and other residential property. Development can easily be done in two phases.
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