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R4,850,000 | 11,150m² Vacant Land For Sale in Spandauville

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11 115 m2 OF LAND PERFECT FOR BUSINESSES/ACCOMMODATION COMPLEXES OR A 3-STOREY APARTMENT BLOCK

DUAL MANDATE:
• There is no mixed use zoned land left in Graaff-Reinet of this size and well located
• Invest in land in this second most sought-after suburb that has been growing in price and will continue to grow as there is little or no land left in the Dr Beyers Naudé Municipality to expand into.
• This land is close to Brand Motor Vehicle Businesses that have recently rezoned accordingly.
• This is newly developed land; therefore, it is possible to go off the grid from the start and avoid municipal costs and frustrations.
• Invest in this land for much-needed Accommodation Opportunities:
o much needed accommodation:
- Town House complex
- Middle class housing
- Overnight accommodation
- subdivided vacant lots for residential property
o Shopping centre
o Triple-storey Apartment
o Hostel for SAPS/Midlands College etc.
o Many retail an service usages.

A GREAT INVESTMENT – DON’T LOSE OUT

KEY INFORMATION:
Name of land: Newlands.
Size of land: 11 115 m2.
Zoning: Single Residential III.
Address: Off Maynier Street, Spandauville, Graaff-Reinet
Location: Away from major/busy roads hence offers accompanying safety.
Access: Direct access to Maynier Street.
Topography: Cleared 90%, flat and partially compacted.
Municipal Services: All (Bulk Sewerage and Water) services except for sufficient electricity supply.
Internet used in Area: Fibre is available in this area.
Views: Breathtaking mountain views.

Comparable price: Vacant Land of 1,000 m2 in Berg-En-Dal is selling for between R380 000 to R400 000.
Ken Taytasac
Ken Taytasac
Non-Principal Property Practitioner Registered with PPRA
(FFC 202634085340000)
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