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R 6 500 000 (325 814 EUR*)

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± 22556 m2

INTRODUCTION:
This 2.2Ha property is located in the central business area of the Levubu settlement, in Limpopo, South Africa.

The rapid expansion of the area created a need for quality comfortable accommodation amongst local residents, travellers, and contractors. The property was developed into a residential hub over time which currently offer long term lease options for larger family residential units as well as smaller self-catering units suitable for short term or over-night stays.

Although still zoned as agricultural property, the property is developed as a residential complex featuring 9x residential units, 4x free standing family homes and 5x smaller flatlets.

Apart from the residential and accommodation development, the land also accommodates an 858m² Workshop/Manufacturing plant. The plant is situated in an isolated yard space and feature multiple workspaces that might be isolated from each other to provide multiple smaller industrial rental units.

Considering historical trends one can assume that the newly developed Tshakhuma Mall is a critical enabler in the expected transformation process, of the historical Levubu settlement into a commercial hub. The expected development of the Vuwani and Bungeni malls will most definitely result in an influx of economic active population. The emerging market is directly linked to a growing population which inevitably create a need for affordable quality housing in the area.

The property on offer, provides a lucrative opportunity to the visionary investor.

Electricity is provided via 100kVA transformer.

Water is obtained from a borehole and distributed to all outlets via a network of pipelines.

TO REQUEST FULL DETAIL:
Use the "Send Message" button above, or contact us directly, should you require a detailed presentation of the property on offer.

Contact:

Anton de Necker
HAMMANN PROPERTIES
Mobile: +27 84 704 8426 (Direct call or Whatsapp)
E-mail: admin2@hmlegal.co.za



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